Klarna strikes $1.7B deal to support $40B lending as stock falls 76% from IPO
Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wa...
Source: TNW | Fintech-Ecommerce
Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wall Street has lost more than three quarters of its market value since its September debut. On Tuesday, it announced a $1.7 billion significant […] This story continues at The Next Web
