Klarna’s potential valuation cut to $15B appears sufficiently steep

TechCrunch LogoTechCrunch2w ago

Klarna’s potential valuation cut to $15B appears sufficiently steep

Quick Summary

The Wall Street Journal recently reported that Klarna, a European buy-now-pay-later (BNPL) provider, is considering raising capital at a valuation of around $15 billion.

The new figure is both a dramatic decline from Klarna’s mid-2021 valuation of more than $45 billion, and the $30 billion figure it was reported to be targeting earlier this year.

Klarna is simply the biggest, best-known, and most valuable private company caught in the mix.

More Pictures

Klarna’s potential valuation cut to $15B appears sufficiently steep - TechCrunch (Picture 1)


Article Details

Author / Journalist: Alex Wilhelm

Category: Startups

Topics: Finance Online payments EC Fintech Startups Klarna Venture Capital Valuation Finance TC Affirm Bnpl Buy now pay later Apple EC Newsletter Payments The Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-20, 16:00:32

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 356 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 1378

View Article Analysis

About TechCrunch

TechCrunch Logo

Main Topics: Startups

Official Website:

Update Frequency: 8 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 4d ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #1

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.