Klarna's New Chapter in the UK

In a significant development for the fintech industry, Klarna Financial Services UK (KFSUK) has been granted an Electronic Money Institution (EMI) license by the Financial Conduct Authority (FCA). This milestone enables Klarna to introduce Klarna Balance and Klarna Cashback to the UK market, enhancing financial management for consumers.

Empowering Consumers with Modern Money Management

With this authorization, Klarna is set to revolutionize everyday financial management for 11 million UK consumers. Abby Vickers, Head of Klarna Financial Services UK, emphasizes the company's commitment to offering a smarter, hassle-free way to manage finances, spend, and earn rewards, setting a new standard in the digital age.

A Foundation for Future Innovations

This license not only marks Klarna's expansion beyond flexible payments but also lays the groundwork for future product developments, promising to keep the company at the forefront of financial technology and consumer convenience.