Klarna is taking its first tentative steps toward becoming a public company, submitting a draft registration statement with the SEC.

Klarna said the date of its IPO is subject to market conditions and an SEC review, and that it has not yet determined the price range.

(Reuters) -Swedish payments group Klarna said on Tuesday it had confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering. The number of shares to be offered and the price range for the proposed IPO have not yet been determined,

Swedish fintech company Klarna said it has filed for a long-anticipated initial public offering (IPO) in the U.S.