359 articles tagged with this keyword
News/payments
Australian buy now, pay later outfit Zip is to acquire US rival Zezzle for A$491 million.
28 February 2022
Italy's Scalapay has become the latest BNPL unicorn on the back of a $497 million Series B investment from Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.
24 February 2022
News/crypto
Crypto exchange and mobile banking platform hi has teamed up with BaaS player Contis on a debit card that lets shoppers pay with their digital assets at over 60 million merchants.
Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.
17 February 2022
News/regulation
The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.
14 February 2022
Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.
News/startups
French buy now, pay later startup Alma has raised €210 million to scale its business across continental Europe.
Australian buy now, pay later outfit Zip has struck a deal with Singapore's Singtel to provide embedded payment instalment services to the 1.3 million users of the telco's Dash mobile wallet.
10 February 2022
Klarna is weighing plans to raise new money in a funding round that could potentially fetch a $50bn-$60bn valuation.
Square has revealed the initial results of the first iteration of its integration with buy now, pay later provider Afterpay, releasing the functionality to sellers using Square Online for e-commerce in the United States and Australia.
02 February 2022
PayPal is launching an extension to its buy now, pay later service in Germany, enabling users to pay in full for online transactions up to €1000 30 days after completion.
31 January 2022
News/retail
Santander today announces the launch of Zinia, its new buy now, pay later (BNPL) service in Germany.
26 January 2022
Klarna is releasing a physical card in the UK, giving shoppers the opportunity to buy now, pay later in bricks and mortar stores.
Australian buy now, pay later outfit Zip has confirmed that it is in talks about acquiring US rival Sezzle.
25 January 2022
UK buy now, pay later outfit Zilch is preparing to launch its retailer agnostic digital card offering to European consumers.
13 January 2022
Embedded finance experience platform Railsbank has built a white label BNPL product that enables retailers to escape the clutches of shopping apps like Klarna and build their own branded buy now, pay later programmes.
Apexx Global is bringing its payments orchestration and processing platform to the US as it bids to take advantage of the country's fast-growing BNPL market.
12 January 2022
With the UK Treasury set to close its consultation on the FCA’s regulation of the booming buy now, pay later sector, consumer group Which? has called for stronger safeguards after publishing research which indicates that shoppers view BNPL products as budgeting solutions rather than credit.
06 January 2022
The US Consumer Financial Protection Bureau (CFPB) has launched an inquiry into the buy now, pay later market amid concerns about accumulating debt levels and data harvesting by vendors.
17 December 2021
UK consumers can now apply for a reusable credit account from Barclays, which lets them spread the cost of purchases over £100 on amazon.co.uk in equal monthly instalments
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