Tag: Michael moritz

  • Amid FinTech Downturn Klarna Seeks Fresh Money At Imploded $6.5 Billion Valuation!

    Amid FinTech Downturn Klarna Seeks Fresh Money At Imploded $6.5 Billion Valuation!

    The Swedish fintech Klarna was just Europe’s most valuable startup, with a valuation of $46 billion. Now CEO Sebastian Siemiatkowski is hoping for fresh capital for a valuation of just $6.5 billion. Not long ago, the “buy-now-pay-later” pioneer received money at a valuation of $46 billion.