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318 From Klarna to Karma: How a $40B Fintech Startup Bet on the Poor Went South

Startups News
Daniel Levi @ Startups News 2 place · 08/08/2025 18:42 EDT

From Klarna to Karma: How a $40B Fintech Startup Bet on the Poor Went South

You know something’s off when even a $1.50 hot dog needs financing. That’s the world Klarna helped create. A Swedish fintech once valued at a staggering $46 billion, Klarna positioned itself as the cool, pastel-colored middleman between your cravings and ...

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