Stripe digs deeper into crypto
The payment processing giant Stripe made two moves in the cryptocurrency space this week.
The company acquired the crypto wallet startup Valora, without disclosing financial terms. And separately, the Stripe-owned digital wallet infrastructure unit Privy is working with buy now, pay later firm Klarna Group to develop a digital wallet for cryptocurrencies.
The two developments were revealed in separate announcements on Wednesday and Thursday, respectively.
The merger with Stripe – which has a dual headquarters in Dublin, Ireland and San Francisco – will further Valora’s goal of giving more people access to financial services, the startup’s CEO Jackie Bona said in a blog post…
