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It’s been a long time since we’ve seen such positive signals in fintech

Equity

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Klarna's Financial Journey: From Peaks to Profits

This chapter delves into the dramatic valuation drop of Klarna from $46 billion to $6.7 billion and its implications for the fintech sector. It highlights the company's turnaround towards profitability, detailing its recent financial improvements and reduced credit losses while comparing it to competitors like Affirm. The discussion also examines the complexities of the buy now, pay later trend, focusing on consumer debt and lending practices.

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