Ark Invest CEO Cathie Wood, known for investing in high growth companies that are "innovative," is betting on Klarna Group ( KLAR )‘s future growth in the buy now, pay later sector.

Daily email notifications from Ark Invest show the company bought shares of Klarna ( KLAR ) in its first two days of being a public company.

The IPO was one of the biggest public offerings in 2025, raising over $1 billion with the company valued at more than $15 billion. Shares, priced initially at $41, opened at $52 and hit a high of $57.20 and closed at $45.82 in its first day of trading, ahead of an expected range of $35 to $37.

The shares were added to the Ark Fintech Innovation ETF with the following purchases made:

Wednesday: 200,000 shares

Thursday: 286,026 shares

At the time of writing on Friday, the Ark Fintech Innovation ETF has 491,856 Klarna ( KLAR ) shares, worth $21 million. The higher amount of shares than the two purchases could indicate more buying on Friday. The stock is currently the 29th largest weighting in the ETF at 1.11% of assets.

Read Also: Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: ‘Could Reshape The Way’

High Expectations for Klarna ( KLAR )

Klarna ( KLAR ) enters the public markets with a rush of technology-related companies going public, with demand swelling and many IPOs oversubscribed.

The company went public as demand for buy now, pay later is also soaring. Klarna ( KLAR ) has key partnerships with companies, including DoorDash and Walmart, that could help shape its future.

In the most recently reported fiscal quarter, Klarna's ( KLAR ) revenue was up 20.6% year-over-year to $823 million. The company's net loss soared from a loss of $7 million in the quarter to a loss of $52 million in the quarter.

Klarna Stock Falls

Klarna ( KLAR ) shares are down 3.1% to $41.64 on Friday, nearing their IPO price. The stock has traded between $40.25 and $57.20 since going public.

Read Next:

If You Invested $1,000 In Tesla Stock When Cathie Wood Made Her $4,000 Prediction, Here’s How Much You’d Have Now

Image: Shutterstock