Klarna secures FCA authorisation

Flexible payments provider, Klarna has announced that it has been authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI).

The authorisation was granted to Klarna Financial Services UK Limited (KFSUK), Klarna’s dedicated UK entity, and builds on the company’s existing UK regulatory permissions. 

Abby Vickers, Head of Klarna Financial Services UK said”This authorisation marks Klarna’s next big step in the UK—moving beyond flexible payments into everyday financial management. While traditional banks are still playing catch-up, Klarna is giving consumers a smarter way to spend—and now, to manage their finances too. This is what modern money management looks like: manage, spend, and get rewarded—without the hassle.”