355 articles tagged with this keyword
News/payments
Klarna's long-standing ambition to crack the American market appears to be finally coming good, with the US now representing its biggest revenue-generating stream globally.
23 February 2023
Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.
16 February 2023
Westpac has developed a novel twist on the buy now, pay later concept, giving credit card customers the opportunity to pay off their bills in four instalments
15 February 2023
News/regulation
The UK Government has launched its long-anticipated consultation on rules to crack down on the unrelegulated buy now, pay later sector.
14 February 2023
Research from Adobe Analytics has found that the use of Buy Now Pay Later (BNPL) by UK consumers has risen 10.7% compared to January 2022.
09 February 2023
News/people
BNPL platform Affirm announced it has cut 19% of its workforce, amounting to 500 employees.
Australian BNPL operator Openpay has gone into receivership, laying off 80 employees, just days after announcing record quarterly results.
08 February 2023
London-based BNPL unicorn Zilch has formed a partnership with StepChange, integrating the debt advice charity's tools into its platform.
07 February 2023
Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.
03 February 2023
Sydney-listed buy now, pay later player Zip is forecasting to hit break-even by the end of the year after significantly downsizing its operations to reduce cash burn.
25 January 2023
Klarna has taken a leaf out of Spotify's playbook with the launch of Money Story, a a personal summary of 2022 that provides consumers with useful insights into their spending habits
News/startups
Tranch, a buy now, pay later platform for SaaS sellers and services providers, has raised $100 million in seed equity and debt funding.
24 January 2023
Berlin-based B2B buy now, pay later startup Mondu has raised a $13m Series A extension led by Valar Ventures alongside FinTech Collective, bringing total funding from the round to $56 million.
12 January 2023
Allianz Trade, Santander Corporate and Investment Banking and Two have partnered to develop a new B2B BNPL package dedicated to large multinational corporates.
09 January 2023
News/sustainable
Klarna is using data sourced from Clarity AI to promote environmentally conscious brands to its global network of more than 150 million active shoppers.
19 December 2022
Walmart-backed fintech One is planning to launch a buy now, pay later product, according to CNBC.
13 December 2022
All-in-one card and financial app Curve has secured a $1 billion credit line from Credit Suisse to support its instalment transaction product Curve Flex as it scales across the UK, the EU and the United States
06 December 2022
BNPL giant Klarna is forecasting that it will hit profitability on a monthly basis next year despite a doubling of losses in the third quarter.
30 November 2022
Bank of Montreal is rolling out a digital credit card instalment plan that lets shoppers split their purchases into interest-free monthly payments.
29 November 2022
London-based BNPL unicorn Zilch is preparing to axe up to ten percent of its workforce just months after securing an additional $50m in funding.
28 November 2022
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