Klarna, the leading ‘pay later’ firm, is set to integrate cryptocurrencies into its platform as it transitions towards becoming a digital bank ahead of its anticipated IPO in late 2025. With an impressive user base of 85 million and a transaction volume of $100 billion, Klarna is preparing to enhance its offerings by embracing the growing crypto market. The company is currently partnering with 500,000 merchants, positioning itself at the forefront of financial technology innovation. This strategic move not only reflects Klarna’s commitment to modernizing payment solutions but also aims to attract a broader customer base in the evolving digital landscape.

JUST IN: ‘Pay later’ firm Klarna to integrate cryptocurrencies into platform as it positions to become a digital bank ahead of an IPO in late 2025 – Financial Times

Klarna has:
• 85 million users
• $100b of volume.
• 500K merchants. pic.twitter.com/H27tzuBjHR

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— Bitcoin Archive (@BTC_Archive) July 13, 2025

JUST IN: ‘Pay later’ firm Klarna to integrate cryptocurrencies into platform as it positions to become a digital bank ahead of an IPO in late 2025 – Financial Times

Klarna, the popular ‘pay later’ service, is taking a bold step into the future by integrating cryptocurrencies into its platform. This move is part of its strategic positioning to evolve into a digital bank before its anticipated IPO in late 2025. With a remarkable user base of 85 million and an impressive transaction volume of $100 billion, Klarna is not just a player in the payment sector; it’s becoming a major contender in the banking landscape.

Klarna Has 85 Million Users

With 85 million users, Klarna has already established a solid foundation in the e-commerce world. Its ability to offer flexible payment solutions has attracted a diverse customer base. Users can shop now and pay later, making it easier for them to manage their finances without the burden of upfront payments. This approach has resonated with millennials and Gen Z, who often prefer digital solutions. As Klarna expands its offerings to include cryptocurrencies, it’s likely to attract even more users who are eager to explore the world of digital currencies.

$100 Billion of Volume

Klarna’s transaction volume of $100 billion speaks volumes about its effectiveness and popularity in the payment space. This substantial volume not only showcases its significant market presence but also highlights consumer trust in its services. By integrating cryptocurrencies, Klarna aims to capitalize on the growing interest in digital currencies and blockchain technology. This move could potentially enhance its transaction volume even further, as it opens up new avenues for customers to engage with their favorite merchants.

500K Merchants

Klarna’s reach extends to approximately 500,000 merchants, a staggering number that underscores its influence in the retail sector. With such a vast network, the integration of cryptocurrencies could revolutionize how these merchants conduct transactions. Imagine shopping at your favorite stores and paying with Bitcoin or Ethereum; this could become a reality soon. Klarna’s initiative to embrace cryptocurrencies could also encourage more merchants to join the platform, further expanding its ecosystem.

Looking Ahead: Klarna as a Digital Bank

As Klarna positions itself to become a digital bank, it’s clear that the company is not just adapting to changes in the financial landscape but is also leading the charge. The move towards integrating cryptocurrencies aligns with global trends where digital currencies are becoming more mainstream. By embracing this new technology, Klarna is setting itself up for success in a rapidly evolving market.

This strategic shift is not just about keeping up with the competition; it’s about redefining what banking can look like in the digital age. With its impressive user base, substantial transaction volume, and extensive merchant network, Klarna is well-equipped to make this transition.

For more details on Klarna’s exciting developments, you can check out the full announcement in the [Financial Times](https://www.ft.com). As Klarna moves closer to its IPO, it will be interesting to watch how its strategies unfold and how they impact the wider financial landscape.