BNPL

388 articles tagged with this keyword

/payments

Affirm and Liberty Mutual Investments expand capital partnership

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Liberty Mutual Investments (“LMI”), the investment firm of the Liberty Mutual Group of Insurance Companies (“LMIG”), announced the upsize of their forward flow loan purchase program. Over the program term through June of 2027, LMI will purchase Affirm’s installment loans on a forward flow basis, in amounts up to $750 million outstanding.

/payments

Klarna doubles number of new merchants in Q1 thanks to Stripe integration

Klarna, the AI-powered global payments network and shopping assistant, has strengthened its global partnership with Stripe, a financial infrastructure platform for businesses.

/payments

CFPB research reveals heavy BNPL usage among consumers with high credit sccores and multiple loans

Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in 2022, with most of those consumers having subprime or deep subprime credit scores.

/payments

Klarna to become default payment option for merchants using WooPayments

Klarna, the AI-powered global payments network and shopping assistant has expanded their partnership with Woo, the flexible, open-source ecommerce solution built on WordPress, by making Klarna a default payment option for merchants using WooPayments.

/payments

Adyen and Affirm extend partnership to Canada

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it has expanded its partnership with Adyen, the global financial technology platform of choice for leading businesses.

/payments

Affirm strikes $4bn loan deal with Sixth Street

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Sixth Street, a leading global investment firm, today announced that they have entered into a long-term capital partnership whereby Sixth Street through its Asset Based Finance platform will invest up to $4 billion by purchasing Affirm loans in a unique AssetCo structure pursuant to a three year, forward flow agreement.

/payments

Equipifi and Synergent expand BNPL access to credit unions

equipifi, the leading Buy Now, Pay Later (BNPL) platform for financial institutions, announced its partnership with Synergent, a managed services provider and strategic host of Jack Henry Symitar core processing.

/payments

EBay expands Klarna partnership

eBay and Klarna, the AI-powered global payments network and shopping assistant, have announced the expansion of their strategic partnership to key European markets making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay shoppers.

/payments

Slope taps Marqeta to power BNPL card

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced its customer Slope, powering the Slope Card and enabling low interest Buy Now, Pay Later (BNPL) loan options for its commercial customers.

/BNPL

Klarna now available at checkout on Apple Pay in-app and online in Canada

Klarna, the AI-powered global payments network and shopping assistant, is now available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later.

/security

Scalapay boosts BNPL fraud prevention with Trustfull

Trustfull, a leader in Identity Intelligence for fraud prevention, is proud to announce a strategic partnership with Scalapay, a premier European buy-now-pay-later (BNPL) provider.

/payments

Qatar Islamic Bank signs with PayLater for Shari’a-compliant BNPL services

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has signed a Memorandum of Understanding (MoU) with PayLater, a Qatari fintech company specializing in Buy Now, Pay Later (BNPL) solutions.

/payments

Zilch sales doubled on Black Friday compared to previous year

Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), releases data today showing the full impact of a record Black Friday that saw its sales more than double compared to the previous year.

/payments

BNPL usage drops in UK

With the festive shopping season upon us, new research1 from credit reference agency Equifax UK reveals the number of Brits using Buy Now, Pay Later (BNPL) could have peaked, but average spend continues to grow and will be key for many this Christmas.

/payments

Klarna scores deal with tech giant Lenovo

Klarna, the AI-powered global payments network and shopping assistant, today announced a major global agreement with the global technology powerhouse, Lenovo.

/payments

Klarna now available at John Lewis

Klarna, the AI powered global payments network and shopping assistant, and John Lewis & Partners have partnered to bring Klarna to JohnLewis.com and in the John Lewis app.

/payments

Klarna inks Zoom deal

Klarna, the AI-powered global payments network and shopping assistant, announces the launch of its flexible payment options for Zoom Workplace, enabling users across the US and multiple European markets* to access Zoom’s premium services with greater financial flexibility.

/payments

Marqeta unveils BNPL tool

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today unveiled its Marqeta Flex solution at Money20/20, an innovative new solution that revolutionizes the way BNPL payment options can be delivered inside payment apps and wallets, surfacing them at the moment of need within an existing payment flow.

/payments

Zilch receives further £50 million securitisation facility

Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), today announces the successful expansion of its securitisation facility by an additional £50 million, bringing the total to £150 million.

/payments

Mastercard expands US instalments programme

Mastercard is expanding its US Installments experience at checkout to provide consumers with more choice in how they pay through Mastercard Installment Payment Services.