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Klarna Faces Valuation Drop to $30 Billion as Seeks Funding

  • Potential deal could cut Swedish fintech’s value by a third
  • Klarna was Europe’s most valuable startup after June funding
Klarna AB Expected To List In Europe IPO Bonanza
Photographer: Hollie Adams/Bloomberg
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Klarna Bank AB is looking to tap investors for more cash in a move that would reduce its valuation by about a third, according to people familiar with the matter. 

The Swedish fintech company, which was valued at $46 billion last June, would be worth about $30 billion under its latest plans, said the people, who asked not to be named because the process isn’t public.