Klarna Teams With Stripe’s Privy to Build Crypto Wallet ‘For the Masses’

In brief

  • Klarna is working with Stripe-owned Privy on the potential launch of its own crypto wallet.
  • The wallet will give Klarna users access to a “wide variety of digital assets.”
  • The Swedish firm recently announced its own stablecoin, KlarnaUSD, on the upcoming Tempo blockchain.

Buy-now-pay-later firm Klarna is collaborating with the Stripe-owned wallet infrastructure firm Privy to build a crypto wallet following the announcement of KlarnaUSD, its own dollar-backed stablecoin. 

The Swedish fintech firm signed a research partnership with Privy, which will see it co-design a wallet designed to make it easier for those who previously don’t have experience buying, trading, or holding cryptocurrencies. 

“Millions already trust Klarna…

Source link