436 articles tagged with this keyword
News/payments
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 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.
News/predictions
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
Danish fintech Anyday has raised €4 million in seed funding to bring its split payments BNPL-style service to Scandinavia.
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
Citi Ventures, Banco Bradesco and MUFG have joined a $44 million Series B funding round for multi-lender BNPL player ChargeAfter.
22 March 2022
NatWest is to enter the UK's crowded buy now, pay later space this summer, promising to put safeguards in place to ensure responsible lending.
Technical advancements that emerge throughout 2022 will bolster uptake of digital payments brought about by the pandemic, with new trends such as buy-now-pay-later (BNPL) and heavy use of digital wallets likely to become mainstream.
18 March 2022
News/startups
Playter, a London-based outfit bringing buy now, pay later to the B2B space, has raised $1.7 million in a seed funding round co-led by Fin Capital and 1818 Ventures.
15 March 2022
With living costs spiralling, Citizens Advice has found that one in 12 people turned to buy now pay later (BNPL) to cover basic costs - such as food and toiletries - in the last six months.
14 March 2022
Dutch buy now, pay later outfit in3 has raised $11.1 million in funding and struck a deal with payments firm Worldline to bring its services to more merchants.
11 March 2022
London-based fintech Curve has launched in the US, offering Americans the option to combine all their debit, credit and loyalty cards into one.
10 March 2022
News/people
US BNPL player Sezzle is to cut 20% of its workforce following confirmation of a takeover by Australian rival Zip.
UAE-based buy now, pay later startup tabby has successfully raised $54M in an extension round to its initial $50M Series B closed in August of last year.
07 March 2022
DBS Bank is to roll out buy now, pay later services in Singapore, Indonesia and Hong Kong in partnership with Mastercard and Pine Labs.
02 March 2022
PollenPay is the latest startup to enter Britain's already crowded buy now, pay later arena, which has just witnessed its latest casualty in the withdrawal of Openpay from the UK market.
01 March 2022
BNPL giant Klarna has reported soaring operating losses of $748 million for the full year 2021, driven by expansion to fresh markets and the challenges of underwriting a massive inflow of new customers.
28 February 2022
Australian buy now, pay later outfit Zip is to acquire US rival Zezzle for A$491 million.
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.
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