BNPL

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/payments

Flynas turns to Tabby for instalment payments

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, and Tabby, the MENA’s leading shopping and financial services app, have announced a partnership to provide travellers with flexible payment solutions, allowing flynas’ customers to pay for their trips in four interest-free payment instalments.

/payments

Klarna boasts of strong uptake in Canada

Klarna, the AI powered global payments network and shopping destination, announced today its continued momentum in Canada.

/payments

Melio enters B2B BNPL arena

Melio, a leading B2B payments platform for small businesses, today announced the launch of Pay Over Time, the first product that enables small businesses to pay vendors and business bills in monthly installments, while their suppliers get paid in full and on time.

Klarna ditches open banking brand

/retail

Klarna ditches open banking brand

Buy now, pay later giant Klarna has killed off its open banking brand Klarna Kosma a little over a year after launch, although the business will continue to operate as before.

/payments

Upgrade acquires Uplift for $100 million in cash and stock

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the acquisition of Uplift, Inc., the leading provider of Buy Now Pay Later (BNPL) payment and credit products to travelers.

/crypto

Optty adds cryptocurrencies as a payment option

Optty, the world's first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform.

/payments

Klarna lands BNPL deal with iconic London store Liberty

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, with its flexible and interest-free payment options now available online.

Treasury set to shelve BNPL regulations

/regulation

Treasury set to shelve BNPL regulations

The government is poised to shelve plans to crack down on Britain’s fast-growing 'buy now pay later' (BNPL) industry, Sky News learns.

/payments

Tymit pivots to B2B with new Visa partnership

Tymit, a pioneer in the instalment credit industry, is delighted to announce a strategic partnership with Visa, a global leader in payment solutions.

Klarna to provide struggling customers with access to debt advice

/payments

Klarna to provide struggling customers with access to debt advice

In anticipation of new Consumer Duty rules in the UK, BNPL firm Klarna has partnered with the Money Advisor Network to provide cash-strapped customers with free advice on how to manage their debts.

/BNPL

Millennials relying on BNPL to pay for everyday essentials

Millennials are the generation most likely to be using Buy Now Pay Later (BNPL) services to pay for household bills and essentials such as groceries, according to research conducted by financial comparison site Money Expert.

/payments

Divido unveils embedded retail finance platform

Checkout finance provider, Divido, has announced the upgrade of its UK direct-to-merchant platform to now give merchants easy access to retail finance across Europe.

/payments

Billie to bring BNPL to Shopware merchants

Billie, the leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers and Shopware, the leading global open-source ecommerce platform provider, today announce their joint effort to bring B2B Buy Now, Pay Later to merchants and their business customers in Europe.

Credit Education in Focus- Who holds the responsibility?

/inclusion

Credit Education in Focus- Who holds the responsibility?

Satrajit “Satty” Saha, CEO of TransUnion in the UK, joined us at Money 20/20 in Amsterdam to discuss the importance of credit education in driving financial inclusion, consumer empowerment, the evolution of buy now, pay later and the industry’s readiness for the Consumer Duty.

KKR to buy €40bn of PayPal European BNPL loans

/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.

/payments

Mediobanca subsidiary acquires Swiss BNPL startup

Compass, the Mediobanca Group consumer credit arm, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG.

/payments

Douugh launches Pay Now or Pay Later Stockback rewards Mastercard

Douugh Ltd (ASX: DOU), the award winning consumer fintech on a mission to empower everyday Aussies to take control of their money and build long term wealth on autopilot, is delighted to announce the launch of the world’s first Pay Now or Pay Later Stockback™ rewards Mastercard.

/payments

Zilch opens new technology hub in Poland

Zilch, the groundbreaking direct-to-consumer (D2C) credit provider and advertising technology platform, announces the opening of its new technology hub in Krakow, Poland.

PE firms eye Goldman's GreenSky at steep discount

/payments

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.

/payments

NymCard acquires Middle East BNPL firm Spotii

NymCard, the leading payments infrastructure provider in the MENA region, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain.

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