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    Here are the five fintechs that could be next to IPO after Klarna

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    By Ryan Browne

    Copyright cnbc

    Here are the five fintechs that could be next to IPO after Klarna

    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 its IPO Friday.

    “I think the Klarna IPO would be viewed positively by some of the other scaled-up vendors,” Gautam Pillai, head of fintech research at British investment bank Peel Hunt, told CNBC.

    There’s a crowded pipeline of fintech names that could be next to IPO after Klarna. CNBC looks at which companies look the most promising.

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