Trade War freezes FinTech IPO frenzy: Klarna, Circle, and eToro hit pause amid market meltdown 🛑🔔; Stripe advances its banking ambitions 👀🏦

FinTech is Eating the World, 8 April

Hey Everyone,

Good morning & happy Tuesday! Today’s issue is really hot as we’re looking into the global trade war that just freezed the FinTech IPO frenzy (why Klarna, Circle, and eToro paused their public debut plans, what to expect next + bonus deep dives into all of the biggest FinTech IPOs that are on the table right now), and Stripe, which is now advancing its banking ambitions (what it’s all about, why it matters & what to expect next). So let’s jump straight into the unexpected stuff 🌶️

Trade War freezes FinTech IPO frenzy: Klarna, Circle, and eToro hit pause amid market meltdown 🛑🔔

The news 🗞️ Swedish payment giant Klarna has postponed its highly anticipated initial public offering (IPO) on the New York Stock Exchange, as global markets reel from the impact of President Donald Trump's sweeping import tariffs.

The Buy Now, Pay Later FinTech company, which was targeting a $15 billion valuation, had been preparing to launch its investor roadshow next week but has shelved those plans indefinitely.

Let’s take a look at this, see why it matters, and what can come next.