June 19, 2017 BY Valentina Kirilova

Sweden online payments provider Klarna gets bank license

Swedish payments firm Klarna just announced that had received a banking license from Sweden's financial watchdog Financial Supervisory Authority (Finansinspektionen). While the company would not comment on immediate plans, the banking license that is valid across the European Union gives it "very interesting opportunities" including the possibility to issue credit cards and other retail banking…

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