Fintech Downturn Costs Klarna $16 Billion

It’s been rough lately for fintech companies. Once high-flying fintech stocks and private valuations have come crashing down. The broader tech downturn, inflation, and interest rate fears are among the culprits. Other factors include concerns about some fintech business models and their impact on consumer debt. The performance of fintech-focused funds is one clear indicator … Continue reading Fintech Downturn Costs Klarna $16 Billion