Klarna confirms $800M raise as valuation drops 85% to $6.7B

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “buy now, pay later” service provider, was seeking to raise new funds. Initial reports suggested this valuation would be in the […]...