IPO Market Surges with $4 Billion Rebound as Klarna and Figure Lead โขthe Charge
NEWโค YORKโข – The initial public offering โ(IPO) market โขis experiencing a meaningful rebound, โคfueled โคby pent-up demand and recent successful listings, with approximately $4 billion raisedโฃ inโค the first half of September.โ This marks โคa โsubstantial advancement after aโฃ prolongedโ period of sluggish โactivity, signaling โฃrenewed investorโ confidence in the market.โ
the โresurgence is โคlargely driven by theโ highly โanticipated ipos โขof โขprominent FinTech companies like Klarna and Figure. Klarna’s listing is being hailed as the “biggest FinTech listing โof 2025 andโ a landmark moment”โค for โthe โBuy Now, Pay Later (BNPL) sector, according to PYMNTS. โขMeanwhile,โ figure’s IPO raised โapproximately $787 โmillion, demonstrating strong investor interest โขin blockchain-based financial technologies.
This activity โunderscores a broader โshift in the financial landscape, with BNPL becoming increasingly mainstream. PYMNTS data reveals โขthat 128 million American adults have utilized a pay-later productโฃ within โthe โฃlastโค 12 months,prompting industry experts toโ advise businessesโฃ to integrate BNPL as a โ”primary tender.”
Todd Stevens, chief capital officer for Figure, stated the positive momentum from his company’s IPO “tells us that โinvestors โขare veryโค interested in this possibly being a pivotal moment around companies adopting these โtypes โof technologiesโ and really driving toward the future of capital marketsโฆ and how assets travel fromโ buyer to seller.” He further emphasized Figure’s commitmentโ to blockchain technology,stating,”All we’re saying is our preferredโค method – and weโข think the market’s coming along with โฃthis – is to do this โขacross a blockchain โฃrail.”