Now that Klarna has a new valuation, is Affirm cheap? – TechCrunch

Now that Klarna has a new valuation, is Affirm cheap? – Nob6

Category : Startup

Author: Nob6 Team

Post Date :

[ad_1]

Klarna’s announcement that its long-expected funding spherical has come to a detailed introduced with it one of many steepest valuation resets in reminiscence, at the very least so far as working companies are involved. Now price $6.7 billion after elevating $800 million, the European BNPL supplier is price a fraction of its self simply final yr, although the brand new warfare chest means the corporate is now well-fueled to execute its marketing strategy.

The motion of Klarna’s worth has been one thing to behold. Coming into 2022 price greater than $46 billion, costs for the corporate’s subsequent funding spherical have been reportedly initially round the $50 billion mark. That turned one thing round $30 billion, then $15 billion, then $10 billion. Klarna’s last worth lower feels punitive. However is it actually? And now that Klarna has seen its valuation come down so very sharply, is Affirm — a U.S.-based, publicly listed rival within the purchase now, pay later (BNPL) area — low cost?

Let’s do some math and discover out.

Klarna versus Affirm: A lesson in fintech valuations

[ad_2]

Source link

Tags

About Author

Nob6

Nob6 have a great team of writers and developers who are enthusiastic about delivering quality content focusing on 10,000 + users and loyal readers. 

Leave a Comment

Author : Nob6

Nob6.com: Nob6 Blog – The Complete blog for Blogging, Business, Money Making Tips, Startups, Webmaster, Guest posting, tips and tricks, and Technology News.

Join Us

Recommended Posts

The Art of MDF Cutting: Transforming Sheets into Showpieces

The Art of MDF Cutting: Transforming Sheets into Showpieces

DevOps: Revolutionizing Software Development Through Automation and Collaboration

DevOps: Revolutionizing Software Development Through Automation and Collaboration

Best Free and Paid Proxies in Spain

Best Free and Paid Proxies in Spain: A Comprehensive Review

Mastering Advanced DevOps: Serverless Architectures and Microservices for Enhanced Agility

Mastering Advanced DevOps: Serverless Architectures and Microservices for Enhanced Agility

Chris Rapczynski Innovating Boston's Construction Industry Through Strategic Vision

Chris Rapczynski: Innovating Boston’s Construction Industry Through Strategic Vision

Phaneesh Murthy’s Strategic Vision for IT Service Evolution

Phaneesh Murthy’s Strategic Vision for IT Service Evolution

Trickle Chargers Boosting Your Car's Battery Life

Trickle Chargers: Boosting Your Car’s Battery Life