👀 USA🇺🇸: Swedish fintech Klarna🇸🇪 considers integrating cryptocurrencies

👀 USA🇺🇸: Swedish fintech Klarna🇸🇪 considers integrating cryptocurrencies

The project is part of the preparation for a potential initial public offering (IPO) in the U.S., with a valuation of up to 15 billion USD.

➡️ Klarna plans to leverage its network, which includes 85 million users, 100 billion USD in annual transactions, and over half a million merchants.

➡️ While Klarna has yet to disclose specific details on how it plans to integrate cryptocurrencies, industry discussions suggest multiple possibilities are being explored. Notably, the company has ruled out incorporating digital assets into its core Buy Now, Pay Later (BNPL) services.

➡️ Interesting perspectives:

🔸 Representatives from Metallicus (building a blockchain-based banking network) and its Metal Pay app suggested that Klarna integrate with the Metal ecosystem, launch a stablecoin, and explore financing and trading options in DeFi(decentralized finance).

🔸 A potential collaboration with Circle (issuer of USDC) is also focused on using stablecoins to facilitate payments from consumers to merchants in e-commerce.

🔸 Other players in the U.S. crypto community have suggested blockchain networks and protocols like Aave, Solana, and XRPL as possible infrastructure partners.

➡️ Additional insights: Founded in 2005, Klarna handles approximately 30% of its payment volume via debit transactions and maintains a strong focus on large-scale card issuance.

#news #Europe #crypto #USA

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you