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As Klarna and Affirm falter, a new breed of ‘buy now, pay later’ startups are stealing the spotlight

As Klarna and Affirm falter, a new breed of 'buy now, pay later' startups are stealing the spotlight

Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “speculation.”

Jakub Porzycki | NurPhoto via Getty Images

With hype over the “buy now, pay later” trend fading, some investors are betting they’ve found the next big thing.

Buy now, pay later companies like Klarna and Affirm, which let shoppers defer payments to a…


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