Swedish regulator issues Klarna with administrative fine of around $46m
Sweden’s Financial Supervisory Authority says the fine is for “violating the anti-money laundering regulations”.
Finansinspektionen
Klarna enters the big time with banking licence
Payments provider Klarna has powered up with a full banking licence from Finansinspektionen, the Swedish Financial Supervisory Authority. Sebastian Siemiatkowski, CEO of Klarna, says it is “now one of Europe’s largest banks with 60 million customers, 70,000 merchants and working seamlessly across borders”. With the licence, Klarna states it can broaden its product portfolio for […]
