Swedish fintech Klarna's valuation could drop by a third

Raising new funding could lower the valuation of Swedish fintech startup Klarna by a third. It is reported by Bloomberg.

Last June, the company received a $48 billion valuation, making it Europe's most valuable startup. However, the new funding round will lower the fintech valuation to around $30 billion, according to the agency’s sources.

Earlier it was reported that the company planned to raise about $1 billion.

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