| Founded | 2005 |
|---|---|
| Closed | 2022 |
| Country | Sweden |
| Sector | Fintech |
| Total raised | $4.5B+ (SoftBank, Sequoia, 2005–2021) |
| Collapse type | Slow Death |
| Founder | Sebastian Siemiatkowski |
Klarna (2022 collapse)
"Europe's most valuable fintech lost 85% of its $45.6B valuation in a single down round — the largest VC devaluation in history"
Years-long decline before final shutdown
Key Events Timeline
Klarna raised at a $45.
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