Klarnas Valuation Slashed by $39 Billion Amid Fintech Rout (Slashdot)

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Klarnas Valuation Slashed by $39 Billion Amid Fintech Rout – Klarna Banks valuation has been slashed to $6.7 billion in its latest funding round, in a dramatic reversal for one of Europes most high-profile startups. From a report: The buy-now-pay-later giant said it raised $800 million from new and existing investors, according to a statement Monday. Its new valuation is …

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