BNPL

369 articles tagged with this keyword

/payments

Target taps Affirm and Sezzle for BNPL

With the holiday season fast approaching, US retail giant Target has inked deals with buy now, pay later firms Affirm and Sezzle.

/startups

Anyfin rides BNPL debt wave with $52 million capital injection

Aiyfin, a Stockholm-based startup that enables consumers to refinance their existing loans, has raised $52 million of fresh funding to fuel the growth of its business across Europe.

/startups

Former Klarna exec raises $15 million for Pakistani BNPL startup QisstPay

QisstPay, a BNPL startup in Pakistan co-founded by a former Klarna executive, has raised $15M across its seed & pre-seed rounds with a mix of equity and debt.

/payments

Mastercard enters BNPL arena

Mastercard has super-charged its fightback against competing buy now, pay later providers with the launch of Installments, a point of sale payments programme for online and instore purchases in the UK, Austalia and the US

/payments

Claro takes anti-BNPL campaign to London's streets

As a new study suggests that the ballooning BNPL industry is not taking market share away from credit cards, financial coaching app Claro Money has taken to London's streets with a billboard campaign urging Brits to "Say bye now to Buy Now, Pay Later".

/payments

Affirm brings greater flexibility to BNPL

American buy now, pay later giant Affirm has developed technology that gives customers a range of personalised payment options at the checkout.

/payments

Barclays hires Amazon payments head to lead POS finance business

Barclays has hired Amazon's head of European payments Antony Stephen to lead the bank's foray into the booming buy now, pay later market.

/payments

Zip enters India with $50 million investment in ZestMoney

Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.

/payments

First National Bank of Omaha launches BNPL offering for merchants

First National Bank of Omaha is joining the BNPL goldrush, launching a service which will allow merchant partners to offer their customers the option to make purchases and pay for them at a future date.

/payments

Pine Labs nabs $100 million investment from Invesco

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $100 million investment from Invesco's Developing Markets Fund

/payments

Australians show strong appetite for BNPL, according to survey

A survey conducted by Marqeta has shown that three in four Australians have increased their use of buy now pay later (BNPL) products during the pandemic, making them the global leader in BNPL adoption when compared the UK and US.

/payments

Curve joins BNPL scramble

All-in-one card fintech Curve has become the second UK firm this week, after Monzo, to launch a buy now, pay later service called Flex.

/payments

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

/retail

Goldman Sachs to buy home improvement lender Greensky for $2.24 billion

Goldman Sachs is buying digital lender Greensky for $2.24 billion as part of its push into the consumer finance market.

/payments

Monzo makes BNPL move

UK digital challenger Monzo is the latest to jump aboard the increasingly crowded buy now, pay later train.

/payments

Addi raises $75m to bring BNPL to Latin America

Bogota-based Addi has raised $75 million in an extension f its Series B funding round led by Greycroft.

/payments

PayPal agrees $2.7bn deal to buy Japanese BNPL firm Paidy

PayPal has struck a deal to buy Japanese buy now, pay later firm Paidy for around $2.7 billion, mainly in cash.

/payments

Debt collection: The hidden downside of BNPL

One in 10 Buy Now Pay Later shoppers have been chased by debt collectors, rising to one in eight young people, Citizens Advice is warning.

/wholesale

Funding Circle launches BNPL product for business loans

Small business lender Funding Circle has launched its first payment facility, FlexiPay, empowering customers with the ability to buy now pay later on any expense.

/payments

Zip sets sights on Africa with acquisition of Payflex

ASX-listed Zip is to fully acquire South African buy now pay later (BNPL) fintech Payflex as part of its global expansion plans.