How Klarna’s Research Partnership with Privy Signals a Push to Make Crypto More Accessible

Klarna Group plc (NYSE:KLAR) is one of the best FinTech stocks to buy in 2026.

On December 11, Klarna announced it had signed a research partnership with Privy to explore and co-design wallet solutions to support a new generation of crypto products for Klarna users. The company framed the effort as an attempt to lower the friction that keeps crypto stuck in the “early adopter” lane, focusing on making it easier for everyday users to store, use, and transact with digital assets inside a familiar consumer product experience. Klarna also positioned the move as a follow-on to its recent stablecoin launch, KlarnaUSD, which it said was developed in partnership with Tempo and Bridge.

Described by Klarna as a leading wallet infrastructure platform, Privy, a Stripe-owned company, brings the pipes, not the hype. Klarna highlighted Privy’s scale, noting that it powers over 100 million accounts for more than 1,500 developers and helps users move billions in crypto and stablecoins each month. Klarna’s CEO Sebastian Siemiatkowski argued that Klarna’s existing consumer trust puts it in a strong position to make crypto feel “normal,” meaning as intuitive as other app features rather than a separate, specialist product. Importantly for investors, Klarna characterized the initiative as R&D and said any future launches would depend on securing required regulatory approvals and licenses where applicable.

Klarna Group plc (NYSE:KLAR) describes itself as a global digital bank and flexible payments provider, aiming to help consumers manage everyday spending and shopping through its app and merchant network.

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Disclosure: None.