Tag: downround

Klarna blames worst market in 50 years for 85% drop in...

Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.

Swedish BNPL giant Klarna faces colossal downround to $15bn valuation

Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.

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