BNPL

838 articles tagged with this keyword

/ai

Klarna takes foot off AI gas as CEO acknowledges importance of human customer service

After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is "evolving" the strategy and hiring customer service employees in an acknowledgment that people often still want to talk to a human.

/payments

Klarna becomed preferred payments partner for BigCommerce

BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner.

/regulation

CFPB formally rescinds BNPL rule

The Consumer Financial Protection Bureau is announcing today that it will not prioritize enforcement actions taken on the basis of the Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans, 89 Fed. Reg. 47,068 (May 31, 2024) (“Buy Now, Pay Later”).

/payments

GreenBanana unveils BNPL platform for retailers

German fintech GreenBanana has launched a platform that connects retailers with buy now, pay later providers in more than 25 countries.

/payments

Klarna hits 11 million UK customers

Swedish BNPL giant Klarna has crossed 11 million active customers in the UK and has doubled its merchant base in a year to 60,000,

/payments

PayPal launches contactless mobile wallet in Germany

PayPal's long-running effort to crack the high street continues with the launch in Germany of a contactless mobile wallet that lets users pay instore and in instalments with a tap of their phone.

/payments

Tide rolls out B2B BNPL product on £100 million debt raise

Tide is to roll out a BNPL pay-in-four credit product to all elgible clients after securing a £100 million debt facility from Fansanara Capital.

/payments

Qliro teams with Two to launch B2B BNPL across the Nordics

Two, a European leader in B2B payments technology, has announced a strategic partnership with Qliro, a leading Nordic payments provider, to introduce its B2B Buy Now, Pay Later (BNPL) solutions to hundreds of SMEs across the Nordics.

/payments

Klarna seals BNPL deal with eBay in the US

Klarna has sealed a deal with eBay to roll out its flexible payment options to millions of shoppers across the US.

/payments

B2B buy now, pay later app Hokodo raises €10 million

BNPL for business operator Hokodo has raised €10 million in an equity funding round co-led by Korelya Capital and Opera Tech Ventures - the corporate venture fund of BNP Paribas.

/payments

Affirm to report all pay-over-time loans to TransUnion

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, is expanding the credit reporting of its pay-over-time products to TransUnion (NYSE: TRU), the companies jointly announced today.

/payments

Klarna and Clover ink in-store BNPL pact

Klarna has moved to boost its in-store presence in the US, bringing its BNPL payment options to 100,000 merchant locations though a deal with Fiserv's Clover point-of-sale business.

/payments

Affirm joins MoreThanFair

MoreThanFair, a community of organizations dedicated to improving access to affordable and inclusive credit for American consumers and small businesses, announced that Affirm had joined as its newest member.

/payments

Klarna's US subscription service surpasses 35,000 customers in first year

Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly 35,000 signups a month in the US since its launch in January 2024.

/payments

Affirm and Shopify take relationship global

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced the acceleration of their global expansion plans.

/payments

Mondu expands B2B payment network across Europe with Payin3 and Lemonway

Berlin-based Mondu is expanding its distribution across Europe through new partnerships with Payin3 and Lemonway, providing businesses and marketplaces with the same ease and convenience of consumer payments and buy now, pay later options.

/payments

Brazil to add instalment payments to Pix

Brazil's central bank is set to allow users of the Pix instant payments system pay for their transactions in instalments.

/markets

Klarna pauses IPO plans as Trump tariffs cause market turmoil

Klarna has paused plans for its initial public offering amid market turbulence sparked by President Donald Trump's tariffs.

/payments

Klarna signs deal with Eurostar for travel now, pay later

Klarna, the AI-powered payments and shopping network, today announces its launch with Eurostar, enabling travelers in the UK and France to book their journeys with greater flexibility.

/regulation

CFPB set to ditch BNPL rule

The Consumer Financial Protection Bureau is set to perform another U-turn, dropping an interpretive rule declaring that pay-in-four BNPL lenders should be treated in the same way as credit cards.