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Business 25 Feb 2021 | 7:00 AM

Klarna valued at US$31bil after latest fundraising

STOCKHOLM: Klarna Bank AB is raising funds valuing the Swedish fintech startup at around US$31bil, roughly tripling the company’s valuation after its most recent round in September.

Indonesia 25 Feb 2021 | 7:00 AM

New law to stem money laundering, terrorism financing

THE country will approve a regulation to stem money laundering and terrorism financing by requiring fintech players to report suspicious transactions.