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Euronews
Euronews
Eleanor Butler

Sweden’s Klarna receives licence from UK’s Financial Conduct Authority

Klarna’s UK division has secured an electronic money institution licence from the Financial Conduct Authority (FCA), the firm said in a statement on Wednesday.

The Swedish fintech, which until now has focused on buy now, pay later services, will now be able to provide UK-based customers with debit cards and Klarna accounts.

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