BNPL

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/payments

Klarna reports boom in demand for BNPL in the home improvements sector

Air conditioning units, heat pumps and humidifiers are amongst the household items that soared in sales last year, according to data from Klarna, with consumers using the smooth payment provider for everyday household items.

/payments

Iwoca brings BNPL to businesses that use Intuit's QuickBooks

iwoca is today announcing the integration of its B2B payment solution iwocaPay with Quickbooks’ leading accounting software package – this makes it the first invoice checkout integration with a BNPL option for businesses that integrate with QuickBooks.

/payments

Mondu provides BNPL product for B2B sales

Mondu, the fast-growing B2B payments company, has announced MonduSell, a new solution for B2B merchants offering flexible payments on every sales channel: field sales, tele-sales or email orders.

/security

Afterpay reduces fraud risk with Cloudera

Cloudera, the hybrid data company, today announced that ‘Buy Now, Pay Later’ (BNPL) leader, Afterpay, is using the Cloudera Data Platform (CDP) to run streaming analytics and advanced machine learning for real-time fraud detection.

/people

DivideBuy's James Bradley joins Deko as head of sales

Industry expert leads sales operation across Deko to drive continued growth. Deko, the multi-lender Buy Now Pay Later (BNPL) platform, has appointed James Bradley, a veteran sales executive, Head of Sales.

/payments

Mastercard and ZoodPay to launch virtual installment card across EEMEA

ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.

/people

Kueski appoints former Stripe executive Fausto Ibarra as chief product officer

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

/payments

Deko appoints Daniel Lee as first dedicated head of consumer product

Deko, the multi-lender Buy Now Pay Later (BNPL) platform, has appointed Daniel Lee as Head of Consumer Product.

/wholesale

Playter releases bill-splitting product for SME BNPL

Playter, the UK's leading provider of B2B Buy-Now-Pay-Later for SMEs, is once again shaking things up in the world of alternative lending, with its newest credit offering, "Paid".

/payments

Hokodo and Lemonway forge B2B BNPL marketplace partnership

The European leader in B2B Buy Now, Pay Later (BNPL), Hokodo, and leading pan-European payment institution for marketplaces, Lemonway, have announced a partnership that will enable B2B marketplaces to offer buyers trade credit online.

/payments

PayPal Ventures joins Tabby Series C round

Tabby, MENA’s leading shopping and financial services app, has raised $58 million from Sequoia Capital India, STV and PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst in a Series C round which values the company at $660 million.

/payments

Ingenico forms PPaaS partnership with Klarna

Ingenico, a global leader in payments acceptance solutions, and Klarna, the global leader in the generational shift away from credit cards, today announced a global strategic partnership that will facilitate the roll out of Klarna’s flexible payment options at the point of sale using PPaaS, Ingenico’s innovative, cloud Payments Platform as a Service.

/payments

Alipay taps Splitit for 'Pay After Delivery' installments on AliExpress

Splitit Payments Limited ("Splitit" or the "Company") (ASX:SPT, OTCQX:SPTTY), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, announces that Splitit and Alipay have formed a partnership to power the 'Pay After Delivery' option for shoppers on AliExpress, a global eCommerce marketplace owned by the Alibaba Group.

/BNPL

Singaporean B2B BNPL player actyv.ai raises $12 million

actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised a total of $12 million as part of Pre-Series A funding round from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of the company.

/payments

Japan's Smartpay adopts open banking to deliver direct-from-bank payments

Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts.

/payments

Splitit and Worldline sign North American BNPL deal

Splitit (ASX:SPT, OTCQX:SPTTY ), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, and Worldline (Euronext: WLN), a global leader in payment services, announce the signing of a partnership agreement with Worldline to deliver an integrated card-based installment payments solution to Worldline's extensive network of merchants and marketplaces.

/people

Banking Circle names Jim Snabe chairperson of advisory board

Banking Circle Group is pleased to announce that Jim Snabe will become the Chairperson of its Advisory Board.

/payments

SoFi rolls out early access to Pay in 4

Pay in 4 is SoFi’s latest innovation designed to provide flexibility for our members when spending with SoFi Checking and Savings.

/payments

Adva One and One Finance forge BNPL partnership in Egypt

One Finance, the integrated consumer financing platform and ADVA, the first online service installment platform, announced signing a partnership agreement to facilitate installment of a wide portfolio of services provided by ADVA, including finishing, education, health, travel, car maintenance, weddings and insurance through various payment plans.

/payments

Galileo releasees BNPL software for banks and fintechs

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing.

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