Klarna is expanding its services to include peer-to-peer payments, countering claims that it competes directly with services like Vipps and Swish. While currently using traditional banking methods, Klarna is exploring stablecoin options for future transactions.

Klarna is launching its own Visa debit card, the Klarna Card, as part of its strategy to expand beyond its "buy now, pay later" services and position itself as a comprehensive banking player. The card will allow users to access various funding sources and is being piloted in the U.S. before a wider rollout, while Klarna partners with WebBank to offer FDIC-insured accounts.