{"id":6293,"date":"2022-07-11T16:37:22","date_gmt":"2022-07-11T14:37:22","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/07\/11\/klarna-sees-its-value-slashed-by-85-in-latest-round-of-fundraising\/"},"modified":"2022-07-11T16:37:22","modified_gmt":"2022-07-11T14:37:22","slug":"klarna-sees-its-value-slashed-by-85-in-latest-round-of-fundraising","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/07\/11\/klarna-sees-its-value-slashed-by-85-in-latest-round-of-fundraising\/","title":{"rendered":"Klarna sees its value slashed by 85% in latest round of fundraising"},"content":{"rendered":"<p>\u2018Buy now, pay later\u2019 firm, once Europe\u2019s most valuable private tech company, valued at less than $7bn<\/p>\n<p>Klarna, the \u201cbuy now, pay later\u201d fintech darling that was once Europe\u2019s most valuable private tech company, has seen its value slashed by 85% to less than $7bn in its latest round of fundraising.<\/p>\n<p>The company, which has enjoyed stellar growth while <a href=\"https:\/\/www.theguardian.com\/business\/2022\/jun\/23\/buy-now-pay-later-uk-research\">also being criticised<\/a> for potentially <a href=\"https:\/\/www.theguardian.com\/money\/2020\/oct\/03\/klarna-debt-buy-now-pay-later-fees-interest\">leading shoppers into unsustainable debt<\/a>, announced the valuation after the <a href=\"https:\/\/www.klarna.com\/international\/regulatory-news\/klarna-closes-major-financing-round-during-worst-stock-downturn-in-50-years\/\">conclusion of a difficult $800m funding round<\/a> as investors continue to question the true worth of many tech businesses.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jul\/11\/klarna-sees-its-value-slashed-by-85-in-latest-round-of-fundraising\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/daed02c843c22007dd83e7999914f1e42a3a8d72\/0_57_3500_2101\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=8e7138efa34838836dd756c677ffd244\" title=\"Klarna sees its value slashed by 85% in latest round of fundraising\" \/>\u2018Buy now, pay later\u2019 firm, once Europe\u2019s most valuable private tech company, valued at less than $7bn<br \/>\nKlarna, the \u201cbuy now, pay later\u201d fintech darling that was once Europe\u2019s most valuable private tech company, has seen its value slashed by 85% to less than $7bn in its latest round of fundraising.<br \/>\nThe company, which has enjoyed stellar growth while also being criticised for potentially leading shoppers into unsustainable debt, announced the valuation after the conclusion of a difficult $800m funding round as investors continue to question the true worth of many tech businesses. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Buy now, pay later\u2019 firm, once Europe\u2019s most valuable private tech company, valued at less than $7bn Klarna, the \u201cbuy now, pay later\u201d fintech darling that was once Europe\u2019s most valuable private tech company, has seen its value slashed by 85% to less than $7bn in its latest round of fundraising. The company, which has &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/07\/11\/klarna-sees-its-value-slashed-by-85-in-latest-round-of-fundraising\/\"> <span class=\"screen-reader-text\">Klarna sees its value slashed by 85% in latest round of fundraising<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6293"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6293"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6294"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6293"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}