Fintech Giant Klarna Slashes Fundraising Ambition - WSJ - The Wall Street Journal
6/16/2022 12:00:00 AM2 years 10 months ago
by Julie Steinberg and Ben Dummett in London and Corrie Driebusch in New York
by Julie Steinberg and Ben Dummett in London and Corrie Driebusch in New York
The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation of around $15 billion, down from 2021’s valuation near $46 billion.
Klarna Bank AB is considering raising fresh funds at a significantly lower valuation than it achieved a year ago, according to people familiar with the situation, a sign of the punishing environment … [+435 chars]
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