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Once Europe’s most valuable private tech company, Klarna said on Friday that its net losses narrowed to SKr1.3bn ($120mn) in the quarter while credit losses shrank more than a third. Its revenues rose 13 per cent to SKr4.9bn.
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"This week, Stephen Jones, the Australian assistant treasurer and minister for financial services, said the government would start regulating BNPL as a form of credit, introducing a bill to parliament by the end of the year."
https://www.ft.com/content/2e59f478-7c14-4a70-869b-e6db08512a3c
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