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, the companies said, 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…