Swedish 'buy now, pay later' giant Klarna is eyeing a 2024 IPO.

Klarna's anticipated market valuation for the IPO stands at $20 billion.

The company has strengthened its U.S. market presence and leveraged AI to cut costs and enhance efficiency.

Recent fundraising efforts have placed Klarna at a $9.5 billion valuation.

Klarna may initiate public offering processes as early as the third quarter.

The rising trend in BNPL services and improved market conditions make Klarna's upcoming IPO particularly noteworthy.

Klarna's adoption of AI technology has contributed to its growth and financial improvement, presenting a compelling case for potential investors.