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Swedish payment giant Klarna applies for US banking license

SmartContractAuditor

2026-07-06 17:28:43

Abstract generation in progress

Odaily Planet Daily News: Swedish payment giant Klarna has submitted applications to U.S. federal and state regulators to establish an FDIC-insured bank subsidiary, "Klarna Bank USA," in Utah, allowing Klarna to offer loans, deposits, and broader financial services through its own banking system. Klarna launched the stablecoin KlarnaUSD at the end of last year and is reportedly working with Stripe's wallet infrastructure platform Privy to jointly develop a crypto wallet aimed at mainstream users. (CNBC)

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