BNPL

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/payments

Klarna brings rewards programme to UK

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced it will launch its global rewards programme in the UK.

/payments

Zip upgrades app with new retailer deals feature

Retailers will be able to showcase their latest and best deals directly to Buy Now, Pay Later (BNPL) shoppers thanks to a new feature introduced to the Zip app.

/startups

Weaver Fintech acquires 85% stake in Cape Town-based PayJustNow

Cape Town-based start-up PayJustNow has announced a significant investment by a major fintech player that will drive its ongoing growth in the booming buy now, pay later (BNPL) space.

/payments

Danish BNPL player ViaBill raises $120 million in equity and debt

ViaBill, the Danish Buy Now Pay Later (BNPL) leader backed by international venture capital Headline and Blackfin announces it has raised a $120m equity and debt round led by London-based Fasanara capital.

/payments

Klarna Card waitlist opens to US customers

Klarna, a leading global retail bank, payments and shopping service, today announced that its waitlist for the Klarna Card is now open to all US consumers.

/payments

Trustly introduces a deferred settlement product for flexible payments

Trustly, the leading global payments platform for digital account-to-account transactions, is proud to introduce FlexPay by Trustly, a new product that gives consumers the flexibility to defer the settlement date of a debited amount to a date in the future.

/payments

Siam Commercial Bank invests $100 million in Indonesian BNPL player Akulaku

Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.

/payments

ACI Worldwide to provide merchants with access to 70+ BNPL lenders via a single integration

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced ACI PayAfter, a new solution that enables merchants and payment service providers (PSPs) globally to provide their customers with a choice of more than 70 BNPL options through a single integration.

/regulation

BNPL firms ordered to refund charges to users following FCA crackdown

The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.

/payments

Barclays calls for more stringent regulation of BNPL market

Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.

/startups

French BNPL startup Alma raises €210 million

French buy now, pay later startup Alma has raised €210 million to scale its business across continental Europe.

/payments

Zip moves into Singapore with Singtel Dash integration

Australian buy now, pay later outfit Zip has struck a deal with Singapore's Singtel to provide embedded payment instalment services to the 1.3 million users of the telco's Dash mobile wallet.

/payments

Klarna weighs new funding round

Klarna is weighing plans to raise new money in a funding round that could potentially fetch a $50bn-$60bn valuation.

/payments

TransUnion to insert BNPL finance into UK consumer credit files

Global information and insights provider TransUnion has announced it is ready to accept buy now, pay later finance into UK consumer credit files, being the first credit reference agency in the UK to do so.

/payments

Fly Now Pay Later inks deal with booking site Alternative Airlines

From today, UK customers using global flight search and booking site, Alternative Airlines, will benefit from additional options to spread the cost of their flights at the time of booking.

/BNPL

The Future of Regulation 2022

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/payments

Square sees big upside in Afterpay integration

Square has revealed the initial results of the first iteration of its integration with buy now, pay later provider Afterpay, releasing the functionality to sellers using Square Online for e-commerce in the United States and Australia.

/people

BNPL player Kueski appoints Krishna Venkatraman chief data officer

Kueski, one of the largest buy now, pay later (BNPL) and online consumer lenders in Latin America, today announced the appointment of Krishna Venkatraman as the company's chief data officer.

/payments

Jack Dorsey's Block completes $29 billion acquisition of Afterpay

Block, Inc. (NYSE: SQ) and Afterpay Limited today announced the successful completion of the Scheme of Arrangement under which Block has acquired all of the issued shares in Afterpay.

/payments

Amount acquires Linear Financial Technologies

Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform.