BNPL startup, Klarna is raising at $6.5 Billion Valuation; 85% lower than the last one

Klarna Bank AB is nearing a deal to raise new money at a valuation of around $6.5 billion.

The Sweden-based specialty lending and online payments provider is negotiating to raise about $650 million mostly from existing investors led by Sequoia Capital, the people said.

[Via]

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