BNPL

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Perkbox to provide BNPL services with Zip

Perkbox, Europe’s fastest growing global ‘employee experience’ platform, has partnered with Zip – the global buy-now-pay-later fintech – to provide flexible payment solutions on shopping for employees.

/payments

One-fifth of UK public chose a BNPL payment method in 2020

Leading independent economic consultancy Capital Economics has today released findings from its latest report - BNPL and The New Economic Landscape - highlighting the benefits of Buy Now Pay Later (BNPL).

/payments

BNPL outfit Zip partners BigCommerce

Leading Buy Now, Pay Later (BNPL) provider Zip (ASX: Z1P) today announced the company has been selected by BigCommerce (NASDAQ: BIGC) as an Elite Partner.

/BNPL

Australian Finance Industry Association introduces voluntary code of practice for BNPL sector

The Australian Finance Industry Association (AFIA) is pleased to announce that its Code of Practice for the Buy Now Pay Later (BNPL) sector has come into effect today.

/payments

Discover tie up boosts acceptance of BNPL from Sezzle

Discover, a digital banking and payments services company, and Sezzle, Inc. (ASX:SZL), an installment payment platform, have announced an agreement that will allow Sezzle to work with selected merchants on the Discover Global Network in offering consumers additional payment options.

/payments

Worldline and Klarna extend collaboration across Europe

Klarna, the leading global payments and shopping service, today announces a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants.

/payments

PSCU to pilot installment payment tech with credit unions

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced it will soon offer a new Installment Payments solution.

/payments

Splitit secures $150m facility from Goldman Sachs

Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business.

/payments

Klarna reports strong US growth

Klarna, the leading global payments provider and shopping service, today announced it is continuing to see tremendous momentum in the US, including a record 15 million customers overall to kick off 2021.

/payments

Synchrony to acquire Allegro Credit

Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit, a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments.

/payments

Fintech unicorn dLocal partners with lending platform Dinie to bring Pay Later to Brazilian SMEs

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, today announced a new partnership deal with Dinie to allow global merchants to offer installment payments to their customers in Brazil as a form of small business lending.

/payments

Citizens Financial rebands POS credit offering as Citizens Pay

Citizens today announced that it has further expanded the reach of its national point-of-sale offering for merchants, which it has renamed Citizens Pay to reflect its proven and straightforward approach to providing businesses with budget-friendly payment options for customers who want a more transparent and predictable way to finance purchases.

/retail

BNPL player Uplift secures $68m credit line

Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution serving over 100 of the world's top travel brands, announced today they have secured a new $68 million credit line from Atalaya Capital Management.

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