Klarna looks to raise cash at truncated $6.5b valuation from Sequoia, others

Klarna looks to raise cash at truncated $6.5b valuation from Sequoia, others

Photo" Klarna website

 Swedish payments firm Klarna Bank AB is nearing a deal to raise new money at a slashed valuation of around $6.5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.