
- Kia Kokalitcheva, author ofAxios Pro Rata
Jul 16, 2022 - Economy
2. Valuations: Down and to the right


BNPL valuations, like other beneficiaries of the pandemic's boom times, are getting a reality check.
Driving the news: Klarna, a Sweden-based buy-now-pay-later company, announced this week a stunning 85% valuation cut as part of raising $800 million in new funding.