359 articles tagged with this keyword
News/payments
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
News/people
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
Experian has been appointed to operate Singapore's buy now, pay later credit bureau, providing firms with creditworthiness checks on consumer BNPL debt.
24 November 2022
NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.
23 November 2022
Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.
14 November 2022
Klarna's push to create an all-pupose shopping app has been boosted further with the inclusion of a price comparison tool for the cost-conscious consumer.
News/regulation
The UK's Financial Conduct Authority is warning BNPL bosses that they could face jail time if they do not stick to stringent financial promotion rules.
09 November 2022
Ant Group continues to expand its product range in Asia, rolling out a BNPL offering in Hong Kong and small business loans in Singapore.
07 November 2022
Airwallex has joined forces with Asian BNPL giant Atome to enable its merchant customers to offer instalment payment options.
02 November 2022
Klarna's Australian arm racked up losses of $56 million last year, four times bigger than when it launched in the country in 2020, when it reported a $14 million loss.
01 November 2022
London-based BNPL player Tymit has closed a £23 million Series A funding round led by retailer Frasers Group.
26 October 2022
BNPL firm Zip has partnered WebBank to launch a physical card as it bids to make inroads into in-store shopping.
The consumer credit arm of Italian investment bank Mediobanca Group has made two fintech investments designed to boost its BNPL operations.
14 October 2022
Amazon and Affirm are extending their buy now, pay later partnership to Canada, enabling shoppers to pay for their purchases in instalments.
26 September 2022
Digital bank Revolut has announced its expansion into Mexico and Brazil, with a plan to hire 250 new employees in both countries by 2025.
23 September 2022
Revolut is rolling out its Pay Later BNPL product to its 1.9 million users in Ireland following a successful three-month trial.
20 September 2022
The Consumer Financial Protection Bureau (CFPB) is planning to tighten up regulation of BNPL firms, bringing in the same baseline consumer protections that already exit for credit cards.
15 September 2022
PPRO merchants will soon have the ability to integrate buy now, pay later services from Australian provider Zip at the point of checkout.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.