## Who’s Next? Fintech IPOs After Klarna’s Success
The fintech world is buzzing after Klarna’s successful IPO. Investors are now looking ahead, wondering which major fintech players will be the next to go public. Here’s a breakdown of the contenders:
- Stripe: Long considered an IPO frontrunner, Stripe opted for a secondary share sale in January, valuing the company at $91.5 billion. While an IPO isn’t off the table, it may be further down the line.
- Revolut: This digital banking unicorn recently offered employees a chance to sell shares in a secondary market, valuing the company at a whopping $75 billion. The U.S. appears to be the most likely listing location.
- Monzo: The British digital bank, valued at $5.9 billion in a recent secondary share sale, is another potential IPO candidate. While an IPO is not the current focus, it is scaling the business, and an IPO could happen as early as 2026.
- Starling Bank: This neobank is reportedly considering an IPO in the U.S. as part of its expansion plans.
- Payhawk: This spend management platform is aiming for an IPO within a five-year horizon, with a goal of reaching $400-$500 million in annual recurring revenue.
- Ripple: The blockchain firm, valued at $15 billion, had previously put IPO plans on hold but may reconsider depending on the regulatory environment.
- N26: This digital bank, valued at $9 billion in 2021, is another potential IPO contender, though it has faced some setbacks.
For more details, check out the original article on CNBC: [https://www.cnbc.com/2024/06/21/which-fintechs-could-be-next-to-ipo-after-klarna.html](https://www.cnbc.com/2024/06/21/which-fintechs-could-be-next-to-ipo-after-klarna.html)
Source: https://www.cnbc.com/2025/09/15/5-fintechs-that-could-ipo-after-klarna.html
