WSJ News Exclusive | Klarna to raise fresh cash with a fall in value of $6.5 billion

karnas Bank AB is close to a deal to raise fresh money at a valuation of about $6.5 billion, according to people familiar with the matter, a humble return and a testamentary Punitive environment facing startup companies,

Sweden-based specialty lending and online payments provider Sequoia is in talks to raise about $650 million from existing investors led by Capital, the people said. Michael MoritzThe chairman of the renowned venture capital firm plays a similar role in Klarna.