CBA facing $2b hit from buy now, pay later play Klarna - Sydney Morning Herald
7/5/2022 12:00:00 AM2 years 10 months ago
by Colin Kruger
by Colin Kruger
The CBA’s investment in Swedish buy now, pay later business Klarna has turned sour.
The Commonwealth Bank is facing a $2 billion hit on its investment in buy now pay later operator Klarna, with the Swedish groups valuation set to be slashed by up to 85 per cent in its latest capital… [+1860 chars]
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