(Reuters) -Swedish fintech Klarna is looking to raise as much as $1.27 billion in its much-anticipated U.S. initial public offering, a regulatory filing showed on Tuesday.

The company, which has been eyeing a New York listing for years, paused its plans in April due to choppy global markets after the U.S. under President Donald Trump announced sweeping tariffs on major trading partners.

Klarna and some of its investors plan to sell 34.3 million shares in the IPO, with the price expected to be between $35 and $37 per share.

The buy now, pay later lender entered the investor spotlight after its valuation soared from $5.5 billion to $46.5 billion in just about two years, after three funding rounds between mid-2020 and 2021.

Klarna has applied to trade on the New York Stock Exchange under the ticker symbol "KLAR."

Goldman Sachs, J.P. Morgan and Morgan Stanley are the lead underwriters.

(Reporting by Manya Saini in Bengaluru; Editing by Arun Koyyur)