www.wsj.com Open in urlscan Pro
2600:9000:2156:1800:3:4b0:de80:93a1  Public Scan

Form analysis
1 forms found in the DOM

GET https://tr.snapchat.com/cm/i

<form method="GET" action="https://tr.snapchat.com/cm/i" target="snap02771163546021651" accept-charset="utf-8" style="display: none;"><iframe id="snap02771163546021651" name="snap02771163546021651"></iframe><input name="pid"><input
    name="_scsid"><input name="_sclid"></form>

Text Content

Skip to Main ContentSkip to Search
Skip to...
Select
 * Listen To Article
 * Most Popular News
 * What to Read Next
 * Most Popular Opinion
 * Sponsored Offers
 * Recommended Videos

Dow Jones, a News Corp companyAbout WSJ
 * News Corp is a global, diversified media and information services company
   focused on creating and distributing authoritative and engaging content and
   other products and services.
 * Dow Jones
   * Barron's
   * BigCharts
   * Dow Jones Businesses
   * Dow Jones Newswires
   * Factiva
   * Financial News
   * Mansion Global
   * MarketWatch
   * Newsmart
   * NewsPlus
   * Risk & Compliance
   * WSJ Live
   * WSJ Pro
   * WSJ Video
   * WSJ.com
 * News Corp
   * Avail
   * Business Spectator
   * HarperCollins Publishers
   * Housing
   * Makaan
   * New York Post
   * PropTiger
   * REA
   * realtor.com
   * Storyful
   * The Australian
   * The Sun
   * The Times
 * 


Stoxx 600409.67points with a0.62%▲
Nikkei26153.81 points with a0.84%▲
U.S. 10 Yr0/32with a2.894%▼
Crude Oil107.86 points with a0.53%▼
Euro1.0429 points with a0.03%▲
DJIA31097.26 points with a1.05%▲
SubscribeSign In

SubscribeSign In
Subscribe
Sign In
Summer Sale
The Wall Street Journal
€2 per Month for 1 Year
Trust your source. Trust your decisions. Subsribe today and save on a WSJ
membership.
Become a WSJ Member Today
View Membership Options
 * English Edition
   EditionEnglish中文 (Chinese)日本語 (Japanese)
 * Print Edition
 * Video
 * Podcasts
 * Latest Headlines

 * Home
 * World
   Regions
   Africa
   Asia
   Canada
   China
   Europe
   Latin America
   Middle East
   Sections
   Economy
   More
   World Video
 * U.S.
   Sections
   Economy
   Law
   Politics
   More
   WSJ Noted.
   U.S. Video
   What's News Podcast
 * Politics
   More
   Politics Video
   Columns
   Washington Wire
 * Economy
   WSJ Pro
   Bankruptcy
   Central Banking
   Private Equity
   Venture Capital
   More
   Economic Forecasting Survey
   Economy Video
   Sections
   Capital Account
 * Business
   Sections
   Management
   The Future of Everything
   Obituaries
   Tech/WSJ.D
   Industries
   Aerospace & Defense
   Autos & Transportation
   Commercial Real Estate
   Consumer Products
   Energy
   Entrepreneurship
   Financial Services
   Food & Services
   Health Care
   Hospitality
   Law
   Manufacturing
   Media & Marketing
   Natural Resources
   Retail
   C-Suite
   CFO Journal
   CIO Journal
   CMO Today
   Logistics Report
   Risk & Compliance
   The Workplace Report
   Columns
   Heard on the Street
   WSJ Pro
   Bankruptcy
   Central Banking
   Cybersecurity
   Private Equity
   Sustainable Business
   Venture Capital
   More
   Business Video
   Journal Report
   Business Podcast
   Space & Science
 * Tech
   Sections
   CIO Journal
   The Future of Everything
   Personal Tech
   Columns
   Christopher Mims
   Joanna Stern
   Julie Jargon
   Nicole Nguyen
   More
   Tech Video
   Tech Podcast
 * Markets
   Sections
   Bonds
   Commercial Real Estate
   Commodities & Futures
   Stocks
   Personal Finance
   WSJ Money
   Streetwise
   Intelligent Investor
   Columns
   Heard on the Street
   Greg Ip
   Jason Zweig
   Laura Saunders
   James Mackintosh
   Market Data
   Market Data Home
   U.S. Stocks
   Currencies
   Companies
   Commodities
   Bonds & Rates
   Mutual Funds & ETFs
   More
   CFO Journal
   Markets Video
   Your Money Briefing Podcast
   Secrets of Wealthy Women Podcast
   Search Quotes and Companies
 * Opinion
   Columnists
   Gerard Baker
   Sadanand Dhume
   James Freeman
   William A. Galston
   Daniel Henninger
   Holman W. Jenkins
   Andy Kessler
   William McGurn
   Walter Russell Mead
   Peggy Noonan
   Mary Anastasia O'Grady
   Jason Riley
   Joseph Sternberg
   Kimberley A. Strassel
   More
   Editorials
   Commentary
   Future View
   Letters to the Editor
   The Weekend Interview
   Potomac Watch Podcast
   Foreign Edition Podcast
   Free Expression Podcast
   Opinion Video
   Notable & Quotable
 * Books & Arts
   Reviews
   Film
   Television
   Theater
   Masterpiece Series
   Music
   Dance
   Opera
   Exhibition
   Cultural Commentary
   Sections
   Arts
   Books
   More
   WSJ Puzzles
   Life Video
   Arts Video
 * Real Estate
   Sections
   Commercial Real Estate
   More
   Real Estate Video
 * Life & Work
   Sections
   Cars
   Careers
   Food & Drink
   Home & Design
   Ideas
   Personal Finance
   Recipes
   Travel
   Wellness
   Columns
   Your Health
   Work & Life
   The Middle Seat
   Bonds
   At Work
   Turning Points
   On Wine
   On The Clock
   More
   WSJ Puzzles
   Space & Science
 * Style
   Sections
   Fashion
   Film
   Television
   Music
   Art & Auctions
   Columns
   My Monday Morning
   Off Brand
   On Trend
 * Sports
   Sections
   Beijing 2022 Olympics
   MLB
   NBA
   NFL
   Golf
   Tennis
   Soccer
   Columns
   Jason Gay

Search
Subscribe
Sign In
 * Home
 * World
   Regions
   Africa
   Asia
   Canada
   China
   Europe
   Latin America
   Middle East
   Sections
   Economy
   More
   World Video
 * U.S.
   Sections
   Economy
   Law
   Politics
   More
   WSJ Noted.
   U.S. Video
   What's News Podcast
 * Politics
   More
   Politics Video
   Columns
   Washington Wire
 * Economy
   WSJ Pro
   Bankruptcy
   Central Banking
   Private Equity
   Venture Capital
   More
   Economic Forecasting Survey
   Economy Video
   Sections
   Capital Account
 * Business
   Sections
   Management
   The Future of Everything
   Obituaries
   Tech/WSJ.D
   Industries
   Aerospace & Defense
   Autos & Transportation
   Commercial Real Estate
   Consumer Products
   Energy
   Entrepreneurship
   Financial Services
   Food & Services
   Health Care
   Hospitality
   Law
   Manufacturing
   Media & Marketing
   Natural Resources
   Retail
   C-Suite
   CFO Journal
   CIO Journal
   CMO Today
   Logistics Report
   Risk & Compliance
   The Workplace Report
   Columns
   Heard on the Street
   WSJ Pro
   Bankruptcy
   Central Banking
   Cybersecurity
   Private Equity
   Sustainable Business
   Venture Capital
   More
   Business Video
   Journal Report
   Business Podcast
   Space & Science
 * Tech
   Sections
   CIO Journal
   The Future of Everything
   Personal Tech
   Columns
   Christopher Mims
   Joanna Stern
   Julie Jargon
   Nicole Nguyen
   More
   Tech Video
   Tech Podcast
 * Markets
   Sections
   Bonds
   Commercial Real Estate
   Commodities & Futures
   Stocks
   Personal Finance
   WSJ Money
   Streetwise
   Intelligent Investor
   Columns
   Heard on the Street
   Greg Ip
   Jason Zweig
   Laura Saunders
   James Mackintosh
   Market Data
   Market Data Home
   U.S. Stocks
   Currencies
   Companies
   Commodities
   Bonds & Rates
   Mutual Funds & ETFs
   More
   CFO Journal
   Markets Video
   Your Money Briefing Podcast
   Secrets of Wealthy Women Podcast
   Search Quotes and Companies
 * Opinion
   Columnists
   Gerard Baker
   Sadanand Dhume
   James Freeman
   William A. Galston
   Daniel Henninger
   Holman W. Jenkins
   Andy Kessler
   William McGurn
   Walter Russell Mead
   Peggy Noonan
   Mary Anastasia O'Grady
   Jason Riley
   Joseph Sternberg
   Kimberley A. Strassel
   More
   Editorials
   Commentary
   Future View
   Letters to the Editor
   The Weekend Interview
   Potomac Watch Podcast
   Foreign Edition Podcast
   Free Expression Podcast
   Opinion Video
   Notable & Quotable
 * Books & Arts
   Reviews
   Film
   Television
   Theater
   Masterpiece Series
   Music
   Dance
   Opera
   Exhibition
   Cultural Commentary
   Sections
   Arts
   Books
   More
   WSJ Puzzles
   Life Video
   Arts Video
 * Real Estate
   Sections
   Commercial Real Estate
   More
   Real Estate Video
 * Life & Work
   Sections
   Cars
   Careers
   Food & Drink
   Home & Design
   Ideas
   Personal Finance
   Recipes
   Travel
   Wellness
   Columns
   Your Health
   Work & Life
   The Middle Seat
   Bonds
   At Work
   Turning Points
   On Wine
   On The Clock
   More
   WSJ Puzzles
   Space & Science
 * Style
   Sections
   Fashion
   Film
   Television
   Music
   Art & Auctions
   Columns
   My Monday Morning
   Off Brand
   On Trend
 * Sports
   Sections
   Beijing 2022 Olympics
   MLB
   NBA
   NFL
   Golf
   Tennis
   Soccer
   Columns
   Jason Gay

Search


This copy is for your personal, non-commercial use only. Distribution and use of
this material are governed by our Subscriber Agreement and by copyright law. For
non-personal use or to order multiple copies, please contact Dow Jones Reprints
at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/klarna-to-raise-fresh-cash-at-slashed-6-5-billion-valuation-11656692324

Share
 * Facebook
 * Twitter
 * LinkedIn
 * Copy Link


 * WSJ News Exclusive
 * Finance


KLARNA IN TALKS TO RAISE FRESH CASH AT SLASHED $6.5 BILLION VALUATION


THE DEAL WOULD BE A HUGE COMEDOWN FOR THE COMPANY, WHICH INVESTORS VALUED AT
$45.6 BILLION IN 2021

Specialty lender Klarna’s ability to raise fresh funds has been a barometer of
investor appetite in technology companies.Photo: Hollie Adams/Bloomberg News
By Corrie Driebusch

, Ben Dummett

and Julie Steinberg

Updated July 1, 2022 5:16 pm ET

print
Text
Your browser does not support the audio tag.
Listen to article
Length (2 minutes)
AD
Loading advertisement...
00:00 / 02:04
1x

This article is in your queue.
Open Queue

Klarna Bank AB is nearing a deal to raise new money at a valuation of around
$6.5 billion, according to people familiar with the matter, a humbling comedown
and a testament to the punishing environment facing startup companies.

The Sweden-based specialty lending and online payments provider is negotiating
to raise about $650 million mostly from existing investors led by Sequoia
Capital, the people said. Michael Moritz, who is a partner of the well-known
venture-capital firm, also serves as chairman of Klarna.

SubscribeSign In

Continue reading your article with
a WSJ membership


SUMMER SALE


€2 PER MONTH FOR 1 YEAR

View Membership Options



Sponsored Offers
 * Wayfair:
   Up to 15% off + free shipping at Wayfair
 * TurboTax:
   Maximize tax deduction with TurboTax Deluxe
 * H&R Block Tax:
   File your taxes online with H&R Block
 * Target:
   Up to 60% off - Target Promo Code
 * Samsung:
   30% off smartphones + free shipping - Samsung promo code
 * AT&T Internet:
   Only $65/Mo. for 500Mbps Fiber

MOST POPULAR NEWS

 * RUSSIA CLAIMS CONTROL OF LUHANSK AS UKRAINIAN FORCES RETREAT FROM LYSYCHANSK
   
   

 * WHAT PORN DOES TO TEEN BRAINS—AND HOW TO KEEP IT OFF THEIR DEVICES
   
   

 * AMERICANS HAVE HAD IT WITH INFLATION
   
   

 * SHEIN’S RISE WAS NEARLY OVERNIGHT. THE BACKLASH CAME JUST AS FAST.
   
   

 * FORMER ATLANTA BRAVES PLAYER CHIPPER JONES LISTS GEORGIA HOME FOR $15 MILLION
   
   

MOST POPULAR OPINION

 * OPINION: CANCEL CULTURE GOES TO WASHINGTON
   
   

 * OPINION: HUNTER BIDEN AND THE PRESS: WHO’S THE REAL DEGENERATE?
   
   

 * OPINION: THE COURAGE OF JAN. 6 WITNESS CASSIDY HUTCHINSON
   
   

 * OPINION: CALIFORNIA’S CONCEALED-CARRY LEAK
   
   

 * OPINION: KILLING THE FILIBUSTER IS ON THE BALLOT
   
   

RECOMMENDED VIDEOS







 * The Wall Street Journal
 * English Edition
   EditionEnglish中文 (Chinese)日本語 (Japanese)
 * Subscribe NowSign In
 * Back to Top «

WSJ Membership

 * WSJ+ Membership Benefits
 * Subscription Options
 * Why Subscribe?
 * Corporate Subscriptions
 * Professor Journal
 * Student Journal
 * WSJ High School Program
 * Public Library Program
 * WSJ Live

Customer Service

 * Customer Center
 * Contact Us

Tools & Features

 * Newsletters & Alerts
 * Guides
 * Topics
 * My News
 * RSS Feeds
 * Video Center
 * Watchlist
 * Podcasts
 * Visual Stories

Ads

 * Advertise
 * Commercial Real Estate Ads
 * Place a Classified Ad
 * Sell Your Business
 * Sell Your Home
 * Recruitment & Career Ads
 * Coupons
 * Digital Self Service

More

 * About Us
 * Commercial Partnerships
 * Content Partnerships
 * Corrections
 * Jobs at WSJ
 * News Archive
 * Register for Free
 * Reprints & Licensing
 * Buy Issues
 * WSJ Shop

 * WSJ Membership Benefits
 * Customer Center
 * Legal Policies

 * Facebook
 * Twitter
 * Instagram
 * YouTube
 * Podcasts
 * Snapchat
 * Google Play
 * App Store

Dow Jones Products

 * Barron's
 * BigCharts
 * Dow Jones Newswires
 * Factiva
 * Financial News
 * Mansion Global
 * MarketWatch
 * Risk & Compliance
 * Buy Side from WSJ
 * WSJ Pro
 * WSJ Video
 * WSJ Wine

 * Privacy Notice
 * Cookie Notice
 * Copyright Policy
 * Data Policy
 * Subscriber Agreement & Terms of Use
 * Your Ad Choices
 * Accessibility
 * Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

Back to Top «
English Edition
EditionEnglish中文 (Chinese)日本語 (Japanese)

--------------------------------------------------------------------------------

 * Facebook
 * Twitter
 * Instagram
 * YouTube
 * Podcasts
 * Snapchat

WSJ Membership

 * WSJ+ Membership Benefits
 * Subscription Options
 * Why Subscribe?
 * Corporate Subscriptions
 * Professor Journal
 * Student Journal
 * WSJ High School Program
 * Public Library Program
 * WSJ Live

Customer Service

 * Customer Center
 * Contact Us

Tools & Features

 * Newsletters & Alerts
 * Guides
 * Topics
 * My News
 * RSS Feeds
 * Video Center
 * Watchlist
 * Podcasts
 * Visual Stories

Ads

 * Advertise
 * Commercial Real Estate Ads
 * Place a Classified Ad
 * Sell Your Business
 * Sell Your Home
 * Recruitment & Career Ads
 * Coupons
 * Digital Self Service

More

 * About Us
 * Commercial Partnerships
 * Content Partnerships
 * Corrections
 * Jobs at WSJ
 * News Archive
 * Register for Free
 * Reprints & Licensing
 * Buy Issues
 * WSJ Shop

 * WSJ Membership Benefits
 * Customer Center
 * Legal Policies

 * Google Play
 * App Store

--------------------------------------------------------------------------------

Sign In
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of
this material are governed by our Subscriber Agreement and by copyright law. For
non-personal use or to order multiple copies, please contact Dow Jones Reprints
at 1-800-843-0008 or visit www.djreprints.com.