Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’

Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’

In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding that would slash its valuation to $6.5 billion — about 1/7 of what the company was valued in June of 2021. The Wall Street Journal reported today, citing anonymous sources, that Klarna […]

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