355 articles tagged with this keyword
News/payments
Klarna has joined forces with Airbnb to provide guests in the US and Canada with flexible payment options when booking their stay.
22 May 2023
The Australian Government is to introduce new rules that will treat buy now, pay later schemes as credit products in an effort to mitigate mounting consumer debt.
News/people
The founders of ZestMoney have resigned weeks after the Indian BNPL firm's planned acquisition by Walmart-backed mobile payments giant PhonePe fell through.
15 May 2023
News/regulation
Fintech industry body Innovate Finance says its members are "deeply concerned" by the UK government's plans to regulate the buy now, pay later sector, arguing that the measures would be more onerous than those that apply to credit cards.
03 May 2023
News/retail
Rounding out the NextGen Nordics’ afternoon sessions, Anna Milne, editor at Finextra, took to the stage for a fireside chat with Einar Eidsson, product director, for buy-now-pay-later (BNPL) provider, indó iceland.
27 April 2023
Citi credit card holders can now pay in instalments when using Amazon Pay during checkout at thousands of online shopping sites.
Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.
25 April 2023
NextGen Nordics has returned to Stockholm on 25 April 2023, with a wide range of speakers discussing topics such as P27, cross border payments, open banking, CBDCs, digital assets and Web 3.0.
Goldman Sachs is mulling the sale of its buy now, pay later-based home improvement lender Greensky as it continues its retreat from the consumer finance market.
19 April 2023
Walmart-backed Indian mobile payments giant PhonePe has ditched a planned acquisition of BNPL player ZestMoney over due diligence concerns, according to the Economic Times.
03 April 2023
Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.
28 March 2023
NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.
27 March 2023
Berlin-based B2B buy now, pay later startup Mondu is opening an office in London and hiring a UK-based sales team.
22 March 2023
News/startups
Tamara, a fintech startup based in Saudi Arabia, has secured a $150 million debt facility in its latest fundraising round.
17 March 2023
BNP Paribas is moving into the B2B buy now, pay later space through a partnership with fintech Hokodo.
16 March 2023
BNPL unicorn Scalapay has acquired Italian payment institution Cabel IP to boost growth across Europe.
08 March 2023
A month after laying off 19% of its workforce, American buy now, pay later platform Affirm is quitting the Australian market.
While Klarna posts eye-popping losses of $1 billion for 2022, US BNPL rival Sezzle exits the year on a profitable note, reporting a 16% jump in total income to $38.3 million.
28 February 2023
Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021.
Klarna is to begin charging late payment fees to UK customers in a bid to curb loan defaults as more users turn to buy now, pay later services to budget their way through the cost of living crisis.
27 February 2023
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