Overview
Privy is a New York-based platform for embedded wallets and user onboarding by email, social login or phone. Founded in 2021, it was acquired by Stripe, which, reportedly aims to build global stablecoin infrastructure alongside Bridge.
Capabilities The product list covers embedded self-custodial wallets, social and passkey login, smart accounts based on account abstraction, gas sponsorship and a fiat on-ramp. An application can therefore create a wallet for a user who signs in with a familiar method, without asking them to manage a seed phrase, and can cover network fees on their behalf.
Use cases Listed verticals are consumer apps, stablecoin payments, gaming, DeFi and marketplaces. The company describes its availability as global.
Pricing Privy is free up to 500 monthly active users. Beyond that, a Developer plan is priced at $99 per month, and an Enterprise tier is available for larger deployments. Teams planning stablecoin flows should confirm with the company how the Stripe acquisition affects roadmap and terms.
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