After a tumultuous two-year period for initial public offerings (IPOs), signs point to a potential turnaround for the market. On March 21, Reddit made its public debut, and it is a big test to see how markets respond to new issuers.

One company discussing plans for a 2024 IPO is Klarna, the European buy now, pay later company. Klarna aims to be the "artificial intelligence (AI) bank" and eyes a $20 billion valuation when it goes public. Here are some facts to know about Klarna.

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Source Fool.com