Fintech Startup Seeks Funding at Lower Valuation

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Time is catching up with buy-now-pay-later firm Klarna.

The Swedish fintech company, and Europe's third most valuable start-up, seeks to raise $1 billion at a valuation of around $30 billion, a third less than it fetched less than a year ago, according to The Wall Street Journal. Amid this year's tech rout, it's not the only firm that should expect to take a step back.

Source Fool.com