Klarna Plans to Integrate Cryptocurrencies into Its Platform
- Klarna Bank AB, a Swedish fintech company, plans to incorporate cryptocurrencies.
- CEO Sebastian Siemiatkowski announced the decision on social media.
- The company is valued at $14.8 billion with over 85 million users.
- Sequoia Capital, holding a 22% stake in Klarna, also supports crypto firms.
- Klarna has been operational since 2005 and focuses on “buy now, pay later” services.
Klarna Bank AB’s CEO announced plans to embrace cryptocurrencies, following other fintech firms like Robinhood and Revolut. The company, backed by Sequoia Capital and valued at $14.8 billion, will explore options for integrating crypto into its platform.
Source (2.6)https://www.coindesk.com/business/2025/02/10/european-payments-giant-klarna-says-it-will-look-to-integrate-crypto?rand=52298
