BNPL

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Klarna launches one-stop shopping app globally

/payments

Klarna launches one-stop shopping app globally

Klarna is to roll out its in-app shopping feature globally, enabling users to to pay in three monthly instalment for purchases at any online retailer, regardless of whether they’re partnered with the BNPL giant or not

/payments

Clearpay BNPL now available in-store

Clearpay, a leader in “Buy Now, Pay Later” payments and known as Afterpay (ASX:APT) in the US, Australia and New Zealand, has today announced that its in-store solution is now available to UK customers at some of the best retail stores nationwide.

Singapore loyalty platform ShopBack buys BNPL startup hoolah

/payments

Singapore loyalty platform ShopBack buys BNPL startup hoolah

Singapore-based loyalty platform ShopBack is to acquire local buy now, pay later startup hoolah.

Klarna acquires price comparison site PriceRunner

/payments

Klarna acquires price comparison site PriceRunner

Klarna is continuing its acquisition spree with the buy out of Nordic price comparison service PriceRunner.

/payments

ACI connects US merchant customers to Affirm BNPL platform

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a partnership with Affirm, the payment network that empowers consumers and helps merchants drive growth.

/payments

PPS and ViaBill join forces to bring BNPL to shoppers in-store and online

PPS, an Edenred company, today announces that it is supporting ViaBill with the rollout of its card-based BNPL solution, offering customers access to ViaBill credit through physical and virtual Mastercard cards.

Visa boasts it is fuelling BNPL around the world

/payments

Visa boasts it is fuelling BNPL around the world

With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.

/payments

Amount and Marqeta partner for BNPL

Amount, a leading technology provider for financial institutions, and global modern card issuing platform Marqeta (NASDAQ: MQ) announced today the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space.

Stripe partners Klarna to offer businesses BNPL options

/payments

Stripe partners Klarna to offer businesses BNPL options

Millions of online businesses running on Stripe will soon be able to offer Klarna’s buy now, pay later options to their customers.

/payments

Alliance Data's Bread business to offer BNPL product to Sezzle merchants

Alliance Data Systems Corporation (NYSE: ADS), a leading global provider of data-driven marketing, loyalty and payment solutions and Sezzle Inc. (ASX: SZL), a top-rated, purpose-driven buy now, pay later (BNPL) solution, today announced that Alliance Data's Bread business will offer its pay-over-time installment loan product through Sezzle's merchant network.

/payments

Laybuy research shows BNPL customers overwhelmingly support credit checks

Laybuy, the leading Buy Now Pay Later (BNPL) provider, has today published new research to understand consumer views on credit products following the Government’s recent consultation on future regulation of the sector.

Klarna joins $100 million round in German B2B BNPL firm Billie

/payments

Klarna joins $100 million round in German B2B BNPL firm Billie

Business-oriented buy now, pay later outfit Billie has picked up $100 million in a funding round that included participation from Dawn Capital, Klarna and Tencent.

Klarna buys travel planner Inspirock

/retail

Klarna buys travel planner Inspirock

Klarna has acquired online travel planner Inspirock in a deal the BNPL giant says will enable its 90 million users plan and shop for their trips before paying in instalments. Financial terms were not disclosed.

/regulation

HM Treasury opens consultation on BNPL regulation

On 2 February 2021, the government announced its intention to bring unregulated interest-free BNPL products into regulation given the potential risk of consumer detriment highlighted in ‘The Woolard Review A review of change and innovation in the unsecured credit market.’

/payments

Lotte Finance and OpenWay introduce new BNPL service to Vietnam

LOTTE Finance Vietnam, a subsidiary of LOTTE Card, one of the leading credit card companies in South Korea, has launched a Buy Now, Pay Later (BNPL) service to enhance the online shopping experience of Vietnamese consumers.

Klarna introduces package of measures to rebuff BNPL critics

/payments

Klarna introduces package of measures to rebuff BNPL critics

Klarna is repositioning its buy now, pay later product range in the UK in response to sustained criticism of its business practices, introducing the ability for consumers to pay in full at the checkout, stronger credit and affordability checks, clear checkout language, simplified T&Cs, improved complaints handling and removal of last remaining late fees.

/payments

Synchrony moves into BNPL space with Fiserv Clover

Synchrony (NYSE: SYF), a leading consumer financing company, today announced an expanded strategic partnership with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

/payments

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

Standard Chartered is investing in digital lending unicorn Atome Financial as part of a ten-year multi-product strategic partnership that will entail the roll out of buy now, pay later services across major Asian markets.

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

/people

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

Anthony Thomson, the founder of Metro Bank, Atom Bank and Australia's first neobank 86 400, is stepping into the buy now, pay later (BNPL) space as the new chair of Zip UK.

/payments

FreedomPay integrates with Klarna

FreedomPay, a leading consumer-centric commerce platform, today announced an integration with Klarna, the leading global retail bank, payments and shopping service.

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