News

June 17, 2022

Klarna faces valuation slash to $15bn as it seeks fresh round of funding

That’s a big drop from Klarna's last valuation of $46bn


Amy O'Brien

2 min read

Sebastian Siemiatkowski, CEO of Klarna

Swedish buy now pay later (BNPL) giant Klarna is attempting to raise at a third of its previous valuation, the Wall Street Journal reported on Friday, as economic conditions begin to bite. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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