Latest BNPL News: Finextra Research

UK BNPL unicorn Zilch prepares for US launch

Ahead of its imminent launch in the US, London based fintech Zilch has joined the Financial Technology Association (FTA) in order to prioritise innovation through responsible products and services.

04 May 2022

News/payments

Klarna to report consumer BNPL use to credit referencing agencies

Klarna is to begin reporting consumer use of its buy now, pay later products to UK credit reference agencies, enabling users to build a positive credit history and protect them from building up multiple lines of credit.

04 May 2022

News/payments

Poste Italiane invests $27 million in BNPL unicorn Scalapay

Italian BNPL unicorn Scalapay has secured a $27 million investment from Poste Italiane, one of the largest payment card issuers in Europe.

03 May 2022

News/payments

Optty launches BNPL integration platform

Optty, a buy now, pay later integration platform for retailers, has emerged from stealth with $9 million in funding.

27 April 2022

News/payments

Mondu moves into online B2B BNPL with BaaS support from Raisin

Germany's Mondu is to offer buy now, pay later services to online B2B merchants and marketplaces through a Banking-as-a-Service collaboration with Raisin Bank.

27 April 2022

News/payments

Experian to debut Buy Now, Pay Later Bureau

Experian is to debut a buy now, pay later credit bureau this spring, providing US lenders with real-time data on customer spending and loan repayments without impacting credit scores.

26 April 2022

News/payments

Primer and hoolah team to bring BNPL to Asian merchants

Asian omnichannel buy now, pay later platform hoolah has teamed up with no-code payments automation platform Primer to make it easy for merchants in Singapore, Malaysia and Hong Kong to integrate BNPL into their systems.

22 April 2022

News/predictions

Apple Pay most popular payments app with US teens

Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey.

11 April 2022

News/inclusion

NextGen Nordics: Banking app for Ukrainian refugees launched

Ahead of our NextGen Nordics conference on 27th April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

08 April 2022

News/startups

Piraeus to launch independent digital bank

Piraeus Bank is to build a new online-only independent bank for customers in Greece and the rest of the European market, capitalising on digital trends in banking-as-a-service and buy now, pay later.

07 April 2022

News/payments

Zilch updates BNPL affordability criteria with Experian

Meeting concerns over affordability checks in buy now, pay later loans, the UK's Zilch has partnered with Experian to begin reciprocal reporting of credit data.

07 April 2022

News/retail

BNPL firm FinAccel buys majority stake in Indonesian bank

Southeast Asian BNPL player FinAccel is moving into digital banking through the acquisition of a majority stake in Indonesia's PT Bank Bisnis Internasional.

05 April 2022

News/payments

Codebase launches white-label BNPL product

Banking API provider outfit Codebase Technologies has launched a white-label BNPL offering for banks, fintechs, lenders, and merchants.

04 April 2022

News/payments

Klarna plans to rival Big Tech with PriceRunner acquisition

Klarna plans to take on Amazon, Google and Facebook as a viable alternative market for online merchants following the completion of its $1 billion deal to acquire comparison shopping service PriceRunner

04 April 2022

News/retail

Zopa hits profitability ahead of planned move into BNPL market

Zopa bank has achieved a rare feat among UK challenger banks, hitting profitability for the first time just 21 months after acquiring its UK banking licencet.

04 April 2022

News/predictions

Apple looks to bring payment processing in-house - Bloomberg

Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.

31 March 2022

News/payments

Danish split payments startup Anyday raises €4m

Danish fintech Anyday has raised €4 million in seed funding to bring its split payments BNPL-style service to Scandinavia.

31 March 2022

News/payments

Pine Labs scores $50 million investment from Vitruvian Partners

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $50 million in funding from London-based investment firm Vitruvian Partners.

30 March 2022