Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts

Klarna, the buy-now-pay-later company, aims to tap into revival of interest in stocks like Affirm and SoFi with its recent IPO.

With shares of other financial-technology, or fintech, companies such as Sofi Technologies Inc. on fire in recent weeks and investors in a bullish mood following the presidential election, public-market valuations in the sector are actually outpacing those in the private market, said Jay Ritter, Cordell Eminent Scholar at University of Florida who tracks the IPO market.

Ritter shares his insights in this story from MarketWatch.