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Buy Now, Pay Later giant Klarna valuation drops 86% to $6.5B - WSJ

Jul. 01, 2022 4:11 PM ETKlarna (KLAR)By: Max Gottlich, SA News Editor3 Comments

On the table are banknotes, coins and a sign that says - buy now pay later. Financial and economic concept.

Maksim Labkouski/iStock via Getty Images

  • Klarna (KLAR), the Swedish "Buy Now, Pay Later" giant, was said to be close to raising new capital at a valuation of around $6.5B, down substantially from last year's valuation of $46B, the

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Comments (3)

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$6.5B to much, maybe $0,65B
01 Jul. 2022
Didn’t Square buy one BNPL company?
Doctor_ECE_Prof profile picture
Given the economic conditions, especially for the poor, Buy Now, Pay Never organizations might prosper and I want to start one. Any venture capitalist willing to fund me :) I am sure the IPO or SPAC offering will take the company valuation to stratosphere given the kind of investors we have now!
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