Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of the Trump administration’s sweeping tariff announcement.

Fintech firm Klarna has halted its planned initial public offering after President Donald Trump's sweeping tariffs announcement, according to a report.

Swedish buy-now-pay-later (BNPL) giant Klarna has hit a roadblock in its highly anticipated journey to go public. Last month, the fintech powerhouse formally applied with the Securities and Exchange Commission (SEC) to list its ordinary shares on the New York Stock Exchange (NYSE).