Klarna is expanding far beyond buy now pay later services. The fintech company has launched FDIC-insured savings accounts in the United States, signaling a larger push to become an all-in-one financial platform for consumers.
Klarna is experimenting with USDC denominated funding through a new partnership with Coinbase, signaling growing interest in stablecoins as institutional financial infrastructure.
Klarna launches its first stablecoin, KlarnaUSD, as stablecoin volumes surge and the company deepens its work with Stripe and Tempo.
SoFi is now the first U.S. bank to let customers buy, sell, and hold crypto directly in the same app as their checking and savings, though the ease of access could lead to risky behavior.