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Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem
Source: CryptoNewsNet Original Title: Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem Original Link: Swedish fintech giant Klarna, best known for its buy-now, pay-later services, is deepening its move into crypto by teaming up with Privy, a wallet infrastructure provider backed by Stripe.
The two companies will co-design and test crypto wallet features aimed at helping everyday users store, use and send digital assets, in a push to “power a new generation of crypto products for Klarna users.”
The project builds on Klarna’s recent rollout of KlarnaUSD, a dollar-backed stablecoin launched with Stripe’s Bridge platform.
Klarna says it now wants to make crypto more accessible by embedding it directly into its financial products, rather than offering it as a standalone app for crypto enthusiasts.
“Millions already trust Klarna to help them manage everyday spending, saving and shopping,” said Klarna CEO Sebastian Siemiatkowski. “That puts us in a unique position to bring crypto into the financial lives of normal people, not just early adopters.”