Klarna valuation plunges 85% to $6.7 billion as 'buy now, pay later' hype fades

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Klarna valuation plunges 85% to $6.7 billion as 'buy now, pay later' hype fades

Klarna said it raised $800 million in fresh funding at a $6.7 billion valuation — down sharply from $45.6 billion a year ago.

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