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After Swedish payments group Klarna's $17 billion initial public offering , investors are pondering which big fintech name will be the next to go public.
Klarna popped as much as 30% on the day of its New York IPO, before settling to close around 15% higher. The stock declined further to $42.92 by Friday but is still up about 7% from its IPO price of $40.
The debut demonstrated how Wall Street is becoming more welcoming of bumper fintech listings. Prior to Klarna, online trading platform eToro, stablecoin issuer Circle and crypto exchange Bullish all went public to a positive first-day reception.
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, surged 14% in