Tagged: michael moritz

Klarna Closes $800 Million Round at “Post Money” Valuation of $6.7 Billion, Previously Valued at $45.6 Billion

As was previously reported, Klarna has raised $800 million in funding but at an even lower valuation. Klarna raised the capital at a “post-money” valuation of $6.7 billion. This is a profound drop in valuation as Klarna was valued at $45.6 billion in the not-so-distant… Read More

Klarna Appoints Sequoia Capital Partner Michael Moritz as Chairman of the Board

    Payment processing platform Klarna announced on Tuesday it has appointed Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and the appointment of three new members to the board: Omid R. Kordestani, former Executive Chairman of Twitter,  Lise Kaae of… Read More

Monzo Secures £71 Million During Latest Investment Round Led By Goodwater Capital, Stripe, & Michael Moritz

Crowdcube success and challenger bank Monzo announced on Tuesday it secured 71 million through its latest investment round, which was led by Goodwater Capital, Stripe, and Michael Moritz with participation from existing investors, Passion Capital, Thrive Capital, and Orange Digital Ventures. As previously reported, Monzo (originally… Read More

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