Klarna fined SEK500m with reprimand by Swedish regulator over AML failings

Buy now, pay later provider Klarna must pay SEK500 million (US$46 million) after Finansinspektionen, the Swedish financial services regulator, found the firm's general risk assessment did not consider how its "products and services could be used for money laundering and terrorist financing".

Buy now, pay later provider Klarna must pay SEK500 million (US$46 million) after Finansinspektionen, the Swedish financial services regulator, found the firm's general risk assessment did not consider how its "products and services could be used for money laundering and terrorist financing".