Klarna's CEO: "I give up – embracing crypto"

Klarna opens up to accepting cryptocurrencies. On X, CEO Sebastian Siemiatkowski writes: "Ok. I give up. Klarna and I will embrace crypto."

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Klarna's CEO: "I give up – embracing crypto"
Photo: Magnus Hjalmarson Neideman/SvD/TT

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"It feels historic", he writes further.

Exactly how crypto is to be used in Klarna's various payment services is not clear, but Siemiatkowski writes that more information will come.

At the same time, he is calling for ideas from his followers on X on how Klarna, with 85 million users worldwide, could implement cryptocurrencies.

To the suggestion "buy crypto now – pay later", the CEO's response is "haha, probably not".

Klarna is on its way to the stock exchange and recently Financial Times reported that a listing is expected to take place on the New York Stock Exchange in April, at a valuation of up to 15 billion dollars. Something that Klarna has not commented on.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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