BNPL

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Target taps Affirm and Sezzle for BNPL

/payments

Target taps Affirm and Sezzle for BNPL

With the holiday season fast approaching, US retail giant Target has inked deals with buy now, pay later firms Affirm and Sezzle.

Anyfin rides BNPL debt wave with $52 million capital injection

/startups

Anyfin rides BNPL debt wave with $52 million capital injection

Aiyfin, a Stockholm-based startup that enables consumers to refinance their existing loans, has raised $52 million of fresh funding to fuel the growth of its business across Europe.

Former Klarna exec raises $15 million for Pakistani BNPL startup QisstPay

/startups

Former Klarna exec raises $15 million for Pakistani BNPL startup QisstPay

QisstPay, a BNPL startup in Pakistan co-founded by a former Klarna executive, has raised $15M across its seed & pre-seed rounds with a mix of equity and debt.

/payments

Zip expands e-commerce reach with Adyen

Zip Co Limited (ASX: Z1P), a leading global Buy Now, Pay Later (BNPL) company, has announced a global partnership with all-in-one payments platform, Adyen (AMS:ADYEN).

/payments

Zilch hits one million customer milestone

Zilch, the London-based fintech, today announces a new milestone with 1 million customers now signed up to the platform.

/payments

Fly Now Pay Later hits the hotel sector

Rapidly growing British fintech company, Fly Now Pay Later, which offers consumers a new and more flexible way to finance travel all across the world, has struck a deal with worldwide hotels reservation network, HotelsOne.

Mastercard enters BNPL arena

/payments

Mastercard enters BNPL arena

Mastercard has super-charged its fightback against competing buy now, pay later providers with the launch of Installments, a point of sale payments programme for online and instore purchases in the UK, Austalia and the US

/payments

Lenovo deploys Behalf for in-purchase financing

Behalf, Inc., a provider of In-Purchase Financing solutions for B2B sellers and buyers, today announced that Lenovo, one of the largest computer makers in the world, has deployed Behalf’s solution to provide flexible and extended financing to its business customers and LenovoPRO business members.

Claro takes anti-BNPL campaign to London's streets

/payments

Claro takes anti-BNPL campaign to London's streets

As a new study suggests that the ballooning BNPL industry is not taking market share away from credit cards, financial coaching app Claro Money has taken to London's streets with a billboard campaign urging Brits to "Say bye now to Buy Now, Pay Later".

Affirm brings greater flexibility to BNPL

/payments

Affirm brings greater flexibility to BNPL

American buy now, pay later giant Affirm has developed technology that gives customers a range of personalised payment options at the checkout.

Barclays hires Amazon payments head to lead POS finance business

/payments

Barclays hires Amazon payments head to lead POS finance business

Barclays has hired Amazon's head of European payments Antony Stephen to lead the bank's foray into the booming buy now, pay later market.

Zip enters India with $50 million investment in ZestMoney

/payments

Zip enters India with $50 million investment in ZestMoney

Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.

First National Bank of Omaha launches BNPL offering for merchants

/payments

First National Bank of Omaha launches BNPL offering for merchants

First National Bank of Omaha is joining the BNPL goldrush, launching a service which will allow merchant partners to offer their customers the option to make purchases and pay for them at a future date.

/retail

Klarna mocks 'outdated' credit model in latest marketing campaign

Klarna, the leading global banking, payments and shopping service, today launches its latest OOH UK campaign, Old Credit Is History.

/payments

Figure Pay partners with Marqeta on digital money app

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced today it is partnering with Figure, a leader in transforming financial services through the power of blockchain technology, to power the launch of the Figure Pay product, an all-in-one digital money app.

Pine Labs nabs $100 million investment from Invesco

/payments

Pine Labs nabs $100 million investment from Invesco

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $100 million investment from Invesco's Developing Markets Fund

/payments

Fintex Capital unveils buy now, pay later facility for SMEs

Fintex Capital, the fintech investment firm dedicated to alternative credit, today launches an innovative suite of buy-now-pay-later (BNPL) lending products aimed at established businesses seeking smart and cost-efficient debt financing and new avenues of growth.

Australians show strong appetite for BNPL, according to survey

/payments

Australians show strong appetite for BNPL, according to survey

A survey conducted by Marqeta has shown that three in four Australians have increased their use of buy now pay later (BNPL) products during the pandemic, making them the global leader in BNPL adoption when compared the UK and US.

Curve joins BNPL scramble

/payments

Curve joins BNPL scramble

All-in-one card fintech Curve has become the second UK firm this week, after Monzo, to launch a buy now, pay later service called Flex.

Monzo applies fashionable BNPL sheen to old fashioned credit line

/payments

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

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