Buy now, pay later “Giant Klarna to adopt Crypto, says General Manager

Key writing

• Klarna plans to integrate cryptoturrency services to your platform.
• General Manager Klarna Search in the community entry How to best implement crypto features.

Klarna, Sweden Buy-salary-later Finteh Gigant, sets sights on crypto integration, director and co-founder Sebastian Siemiatkowski said Saturday

“Ok. I give up. Klarna and I will accept Crypto! I’ll come more,” he wrote At X. “Yes I know! This post will get a huge sigh and 2 views. But he still feels historical.”

Siemiatkowski bilely admitted that Klarna was among the last major players of Fintech to enter the crypto space.

“Someone had to be the last. And it’s a turning point and a kind,” he said.

Siemiatkowski, together with Niklas Adalberth and Victor Jacobsson, founded Klarna in 2005. year, and he launched the company to become a world leader in Buy now, pay the later sector.

Klarna currently serves 85 million customers and partners with over 500,000 traders. The company is processing $ 100 billion in the transaction volume – 30% of which is the consumption of a debit card.

Although he shared the clar planned adoption of Crypto, Siemiatkowski also demanded the contribution of the crypto community on potential implementation strategies.

“All the fans of the crypt. Tell me what we should do with it?” He said. “I have some ideas, but they want to hear more!”

“Then I will meet the list of obligations … I promise to continue with all the ideas and suggestions!” He cited, credited three entrepreneurs, who introduced Sequoia Capital’s Andrew Reed, for persuasion in the crypto potential.

The main officer and the Circle Technological Officer, Nikhil Chandhok, who provided to help, suggesting that Klarna could settle trade transactions in the stem for faster processing and improved cash flow.

Chandhok also suggested integrating the crypto wallet to enable direct sheets for crypto to buy Klarna.

“Longer term, if you find your merchants in a public chain, you can probably allow the credit market for them,” Chandhok said.

CEO Coinci Raghav Gulati recommended allowing payments with stable networks at low costs such as saltworks and suggested that it holds a small bitcoin position in the Klarnoj box office.

Siemiatkowski said he would update on clans of crypto plans.

Older skepticism seems to be Siemiatkowski about Bitcoin and Crypto assets. Although he recognized their promise early, he warned against the promotion of this property as a product for financial investment without protection.

“There are a lot of promises in cryptoturrents,” Siemiatkowski told In an interview with CNBC in April 2021. years. “But at the same time I take a deep risk that the taxi driver asks me if I should invest in Bitcoin. Then I am annoying that a lot of people will come to the party too and lose a lot of money.”

The largest competitor of Klarna, affirma, has already died their finger in Arena. At the end of 2021. year, the US supplier, in partnership with NYDIG, started the “Affirm Crypto program”, which enabled customers to buy and sell bitcoins.

However, the AFIRM interrupted the program at the beginning of 2023. years.