BNPL

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Monzo adds virtual card for contactless payments to Flex BNPL product

/payments

Monzo adds virtual card for contactless payments to Flex BNPL product

Monzo's buy now, pay later product, Flex, will come with a virtual card that lets users make contactless Apple Pay or Google Pay payments in-store.

Zip brings virtual card to UK for instore tap and pay

/payments

Zip brings virtual card to UK for instore tap and pay

Buy now, pay later operator Zip is introducing a mobile-based virtual card, enabling UK shoppers to tap and pay for their purchases at the checkout.

Aferpay releases BNPL for subscription services in the US

/payments

Aferpay releases BNPL for subscription services in the US

AfterPay, the Australian BNPL giant being acquired by Square, is rolling out its subscription feature in the US.

Singapore-based BNPL firm Pace raises $40m

/startups

Singapore-based BNPL firm Pace raises $40m

Singapore-based buy now, pay later outfit Pace has raised US$40 million in a Series A funding round joined by a group of pan-Asian investors.

NewDay responds to BNPL incursions with NewPay

/payments

NewDay responds to BNPL incursions with NewPay

Online lender NewDay has launched an instant access digital credit account with flexible repayment terms designed to protect its business from the rising tide of buy now, pay later providers.

Mastercard BNPL programme gains momentum

/payments

Mastercard BNPL programme gains momentum

Mastercard has signed up a gaggle of new partners - including American Airlines, CSI, Fiserv and Tsys - to its recently launched buy now, pay later offering.

UK BNPL unicorn Zilch targets US after $110m raise

/startups

UK BNPL unicorn Zilch targets US after $110m raise

Zilch has raised $110 million in a Series C funding round that sees the London-based buy now, pay later lender hit a $2 billion valuation at record speed.

Klarna lands in Ireland

/payments

Klarna lands in Ireland

Swedish BNPL giant Klarna has officially launched its app in Ireland, enabling online shoppers to split their purchases into three interest-free equal payments.

Virgin Money to enter BNPL race

/payments

Virgin Money to enter BNPL race

Virgin Money is preparing to jump on the buy now, pay later bandwagon through the development of a digital wallet in collaboration with Global Payments.

Klarna launches one-stop shopping app globally

/payments

Klarna launches one-stop shopping app globally

Klarna is to roll out its in-app shopping feature globally, enabling users to to pay in three monthly instalment for purchases at any online retailer, regardless of whether they’re partnered with the BNPL giant or not

Singapore loyalty platform ShopBack buys BNPL startup hoolah

/payments

Singapore loyalty platform ShopBack buys BNPL startup hoolah

Singapore-based loyalty platform ShopBack is to acquire local buy now, pay later startup hoolah.

Klarna acquires price comparison site PriceRunner

/payments

Klarna acquires price comparison site PriceRunner

Klarna is continuing its acquisition spree with the buy out of Nordic price comparison service PriceRunner.

Visa boasts it is fuelling BNPL around the world

/payments

Visa boasts it is fuelling BNPL around the world

With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.

Stripe partners Klarna to offer businesses BNPL options

/payments

Stripe partners Klarna to offer businesses BNPL options

Millions of online businesses running on Stripe will soon be able to offer Klarna’s buy now, pay later options to their customers.

Klarna joins $100 million round in German B2B BNPL firm Billie

/payments

Klarna joins $100 million round in German B2B BNPL firm Billie

Business-oriented buy now, pay later outfit Billie has picked up $100 million in a funding round that included participation from Dawn Capital, Klarna and Tencent.

Klarna buys travel planner Inspirock

/retail

Klarna buys travel planner Inspirock

Klarna has acquired online travel planner Inspirock in a deal the BNPL giant says will enable its 90 million users plan and shop for their trips before paying in instalments. Financial terms were not disclosed.

Klarna introduces package of measures to rebuff BNPL critics

/payments

Klarna introduces package of measures to rebuff BNPL critics

Klarna is repositioning its buy now, pay later product range in the UK in response to sustained criticism of its business practices, introducing the ability for consumers to pay in full at the checkout, stronger credit and affordability checks, clear checkout language, simplified T&Cs, improved complaints handling and removal of last remaining late fees.

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

/payments

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

Standard Chartered is investing in digital lending unicorn Atome Financial as part of a ten-year multi-product strategic partnership that will entail the roll out of buy now, pay later services across major Asian markets.

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

/people

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

Anthony Thomson, the founder of Metro Bank, Atom Bank and Australia's first neobank 86 400, is stepping into the buy now, pay later (BNPL) space as the new chair of Zip UK.

ANZ partners Visa for BNPL offering

/payments

ANZ partners Visa for BNPL offering

Visa is joining forces with ANZ to bring its instalment payments product to Australia, enabling the bank's credit card customers to buy now, pay later at the checkout.

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