Regulatory · BNPL · 2024

Klarna fined $45.6M for AML compliance violations

Klarna issued regulatory fine affecting Swedish Financial Supervisory Authority on December 11, 2024.

Primary
Klarna
Counterparty
Swedish Financial Supervisory Authority
Amount
$46M
Structure
regulatory fine
Date
December 11, 2024
Sub-sector
BNPL

BNPL provider sanctioned for AML deficiencies ahead of U.S. IPO, signaling regulatory scrutiny of compliance gaps in the sector.

Primary company
Klarna
Amount
$46M
Event date
December 11, 2024
Sub-sector
BNPL
HQ
Structure
regulatory fine
Source published
December 11, 2024
Publisher
American Banker

Source: americanbanker.com