The valuation of the most expensive startup in Europe fell seven times in a year

Moscow. July 11th. INTERFAX.RU – Swedish online payment service Klarna has raised $800 million in a new funding round that valued the company at $6.7 billion, MarketWatch reports.

In June last year, the company became the most valuable startup in Europe, with a valuation of $45.6 billion.

The company has raised new funds from existing investors, including the Sequoia fund, the company’s founders, as well as Silver Lake and the Commonwealth Bank of Australia. Among the new investors are the UAE sovereign fund Mubadala Investment Company, as well as the pension fund of Canada.