Privy comes into the acquisition having just raised $15m earlier this year, bringing its total raise to $40m.
Irish fintech giant Stripe has acquired US-based crypto wallet provider Privy for an undisclosed sum. The acquisition comes as Stripe is increasingly focusing on boosting its cryptocurrency offerings.
Founded in 2021, Privy is a developer of embedded wallet infrastructure aimed at securing transactions and onboarding users to the blockchain without requiring external services.
Some of its clients include restaurant loyalty firm Blackbird, which accepts crypto and other digital assets from diners and HR platform Toku, which pays teams in digital dollars, or an electronically minted version of…
