Klarna Explores Crypto Infrastructure With Privy Partnership

Digital bank and flexible payments provider Klarna has launched a collaboration with wallet infrastructure platform Privy.

Announced in a Thursday (Dec. 11) news release, the partnership will see the companies research and design potential wallet solutions for cryptocurrency products aimed at Klarna users.

The project follows the recent launch of Klarna’s in-house stablecoin, KlarnaUSD, and is aimed at helping everyday users enter the crypto space.

“Millions already trust Klarna to help them manage everyday spending, saving and shopping. That puts us in a unique position to bring crypto into the financial lives of normal people, not just early adopters,” Klarna Co-founder and CEO Sebastian Siemiatkowski said in the…

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