BNPL

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Klarna partners Global-e for Canada push

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, announced today its expanded partnership with leading cross-border e-commerce provider Global-e (Nasdaq: GLBE).

/startups

Fintech app for school fees zenda raises $9.4 million

zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round.

/payments

Klarna makes capital out of UK Record Store Day

Klarna, the leading global retail bank, payments, and shopping service that helps consumers save time, money, be informed, and in control, has partnered with Record Store Day to help music lovers discover their new favourite artists while supporting local record stores.

/sustainable

Klarna pledges to match consumer donations towards planet health causes this Earth Week

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced a series of initiatives dedicated to supporting our planet’s health.

/startups

Manchester’s Social Money makes first time investment of £500,000 with make-up app Faces Consent

Social Money Ltd, owner of millennial buy now, pay later finance - Payl8r and bridge lending business - SoMo, has made its first ever investment in another business.

/payments

Paysend introduces credit builder and pay later products

Paysend, the UK-based fintech with over 6.5 million customers, today announces the launch of two new products to help customers improve their financial health: Credit Builder and Pay Later.

/payments

Klarna rebrands Stocard

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today revealed the new “Klarna-fied” brand identity of Stocard, one of the world’s leading mobile wallet providers that enables consumers to gather all of their loyalty cards virtually in one single place and receive personalized offers.

/payments

Air Canada to offer buy now, pay later bookings with Visa Installments

As consumer interest in 'Buy Now, Pay Later' (BNPL) continues to grow, Visa announced today its intention to collaborate with Air Canada, the flag carrier and Canada's largest airline, to facilitate the offering of Visa Installment Solution to eligible credit cardholders, giving Canadian travelers more choice and flexibility over how they pay for their airline purchases.

/people

B2B BNPL player Mondu hires Klarna's Miyu Lee as chief legal counsel

Mondu, the Buy Now, Pay Later (BNPL) solution for online B2B checkouts, has announced the appointment of Miyu Lee as Chief Legal Officer and General Counsel.

/payments

BNPL has Americans confused - survey

Findings from a new survey on consumer sentiments and understanding around Buy Now, Pay Later (BNPL) illustrates that while BNPL is growing in popularity among consumers with 31% of consumers having used the service, there are still several misconceptions and a prevalent lack of understanding around how BNPL companies operate, compete with traditional credit card companies, and serve consumers.

/payments

Alliance Data rebrands as Bread Financial

Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions.

/payments

Rupifi secures $8M venture debt in extension of Series-A

Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) and SME-focused Commercial Card products, today announced that it has secured $8M venture debt.

/payments

Mastercard adds BNPL partners

Mastercard today announced a growing list of leading partners, including BNPL specialists and globally recognized brands, further expanding Mastercard Installments, the unique BNPL program that delivers greater choice at checkout, both in-store and online.

/payments

Mastercard beefs up BNPL partner network

Mastercard today announced a growing list of leading partners, including BNPL specialists and globally recognized brands, further expanding Mastercard Installments, the unique BNPL program that delivers greater choice at checkout, both in-store and online.

/payments

Affirm raises guidance on Q3 and FY results

Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the "Company”), the payment network that empowers consumers and helps merchants drive growth, today provided an update on its business performance, including its current funding capacity and availability, and raised the Company's third quarter and full year fiscal 2022 financial outlook.

/payments

Dollar General moves into BNPL

Dollar General (NYSE: DG) today announced a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives.

/payments

Aussie fintech ZeeFi debuts study now, pay later

Australian Fintech ZeeFi is the new kid on the BNPL block – the first to specialise only in payments for education providers.

/payments

Pakistan's Jiye Technologies launches BNPL service for agriculture sector

Jiye Technologies, the fastest growing Agri-Tech platform in Pakistan has announced a first of its kind business-to-business (B2B) buy-now-pay-later (BNPL) feature through a digital financing product for farmers and businesses across Pakistan under its program called ‘Jiye Khushhaal Karobar’.

/payments

Klarna brings rewards programme to UK

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced it will launch its global rewards programme in the UK.

/payments

Zip upgrades app with new retailer deals feature

Retailers will be able to showcase their latest and best deals directly to Buy Now, Pay Later (BNPL) shoppers thanks to a new feature introduced to the Zip app.

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