BNPL

400 articles tagged with this keyword

/payments

KKR to buy €40bn of PayPal European BNPL loans

PayPal has struck a deal to offload up to €40 billion of its buy now, pay later loans in Europe to private equity firm KKR.

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PE firms eye Goldman's GreenSky at steep discount

Goldman Sachs has received several offers from investment firms to buy its BNPL-based home improvement lender GreenSky, according to press report.

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Amazon Pay adds Affirm BNPL option

US merchants that use Amazon Pay can now offer their customers instalment payment options thanks to a deal with BNPL outfit Affirm.

/startups

Klarna halves losses, expects a return to profit

Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses.

/payments

Klarna introduces credit opt outs

Klarna has updated its app to provide budget-conscious Brits with a tool to opt out of taking on more debt and called on credit card companies and other providers to follow suit.

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Airbnb jumps into bed with Klarna

Klarna has joined forces with Airbnb to provide guests in the US and Canada with flexible payment options when booking their stay.

/payments

Australia ushers in BNPL regulation

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.

/people

ZestMoney founders resign in wake of failed sale

The founders of ZestMoney have resigned weeks after the Indian BNPL firm's planned acquisition by Walmart-backed mobile payments giant PhonePe fell through.

/regulation

Innovate Finance slams UK government's 'onerous' BNPL proposals

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.

/retail

NextGen Nordics: Managing innovation risk with regulation and education

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.

/payments

Amazon Pay rolls out Citi Flex Pay to give credit card users instalment option

Citi credit card holders can now pay in instalments when using Amazon Pay during checkout at thousands of online shopping sites.

/retail

Klarna unveils AI-powered personalised shopping feed

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.

/payments

NextGen Nordics 2023: the future of AI in BNPL

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.

/payments

Goldman Sachs mulls sale of $2.1bn BNPL business Greensky

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.

/payments

PhonePe backs out of ZestMoney acquisition - report

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.

/payments

Apple Pay Later launches

Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.

/payments

NextGen Nordics 2023: Speakers announced!

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.

/payments

Berlin B2B buy now, pay later outfit Mondu launches in the UK

Berlin-based B2B buy now, pay later startup Mondu is opening an office in London and hiring a UK-based sales team.

/startups

Saudi BNPL startup secures Goldman Sachs funding

Tamara, a fintech startup based in Saudi Arabia, has secured a $150 million debt facility in its latest fundraising round.

/payments

BNP Paribas moves into B2B BNPL with Hokodo

BNP Paribas is moving into the B2B buy now, pay later space through a partnership with fintech Hokodo.