BNPL

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/people

White label BNPL firm equipifi names Doug Preston head of strategy

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Doug Preston will be joining as its Head of Strategy.

/startups

Ratio secures $411 million to launch BNPL for B2B SaaS businesses

Ratio, a new kind of fintech platform that combines payments, predictive pricing, financing, and a frictionless quote to cash process into one platform for SaaS and technology companies, today emerged from stealth and announced raising $11M in venture funding and a $400M credit facility for customer financing.

/payments

Bread Financial signs with Marqeta

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it has been chosen by Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, to enhance the in-store checkout experience for shoppers using Bread PayTM, its flexible suite of Buy Now, Pay Later products.

/cloud

Carbon Finance extends Mambu partnership

Carbon Finance, a Pan-African microfinance bank, today announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion.

/payments

Flutterwave secures Nigerian switching and processing licence

Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN) — widely regarded as CBN’s most valuable payments processing license.

/BNPL

Ramp joins B2B BNPL market with Flex

Ramp, the first finance automation platform and corporate card designed to help businesses spend less, today announced an expansion of its platform that enables businesses to finance all of their bills in one place.

/payments

Egyptian BNPL firm valu acquires fintech company Paynas

valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of International Cooperation.

/payments

Square sellers across the UK can now offer BNPL through Clearpay integration

Today, Square launches its first integration with Clearpay in the UK, providing “Buy Now, Pay Later” (BNPL) functionality to sellers across online and in-person commerce.

/payments

Sezzle integrates with customer platform Klaviyo

Sezzle, a leader in the Pay in 4 industry, today announced the launch of a new direct integration with Klaviyo.

/payments

Splitit strikes deal with Telispire

Splitit (ASX: SPT) (OTCQX: SPTTY) announced Telispire, a wholly owned subsidiary of the National Rural Telecommunications Cooperative (NRTC), has selected to integrate Splitit's Installments-as-a-Service into its PHOENIX state-of-the-art back office and billing system allowing Telispire's mobile virtual network operator (MVNO) customers to offer installment payments to its subscribers easily.

/payments

Splitit brings its Installments-as-a-Service to the rental market

Splitit (ASX:SPT,OTCQX:SPTTY) announced letus has selected Splitit to bring its Installments-as-a-Service to its cloud payment platform for the property rental market, allowing tenants to pay expenses in several interest-free installments on their credit card.

/payments

Tabby secures $150m credit facility from Atalaya Capital Management and Partners for Growth

Tabby, MENA’s leading payments and shopping app, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG).

/payments

Mastercard Installments gains traction

Mastercard has welcomed a raft of new global partners to its innovative Mastercard Installments program and is expanding it further to support small businesses in the U.S.

/payments

Synchrony installment payments come to Fiserv's Clover POS

Synchrony (NYSE: SYF), a leading consumer financing company, today announced that merchants will now be able to offer a short-term, no interest installment option, Synchrony SetPay pay in 4, via the Clover point-of-sale and business management system from Fiserv, Inc.

/payments

Klarna integrates with Blackhawk Network

Today, a new partnership between global branded payments provider, Blackhawk Network, and leading global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.

/people

LatAm BNPL firm Kueski names Sung Hae Kim chief people officer

Kueski, one of the largest buy now, pay later (BNPL) and online consumer lenders in Latin America, today announced the appointment of Sung Hae Kim as the company's Chief People Officer.

/payments

Finastra unveils embedded consumer lending product

Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS).

/payments

Hokodo raises $40m for B2B BNPL platform

We are delighted to announce a series B fundraise of $40 million that will help us to fulfil our ambition of enabling 1 million businesses to access a better way to pay by 2025!

/payments

Splitit and Everyware team on pay-by-text instalments

Splitit (ASX:SPT, OTCQX:SPTTY) and Everyware, a leading contactless payments and customer engagement solutions company, have agreed to a partnership to bring Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform eliminating consumer friction for mobile installments.

/payments

Fly Now Pay Later to offer installment plans for users of MyVoiceTravel

From today, US customers using the world’s first voice travel assistant service, MyVoiceTravel, will benefit from additional options to spread the cost of their flights at the time of booking.

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