BNPL

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/retail

Klarna partners Liberis to offer merchants revenue-based financing

Klarna has picked embedded business finance platform Liberis to help it offer its e-commerce clients revenue-based financing.

/payments

Fave muscles in on booming BNPL market

Fave, Southeast Asia's fast-growing fintech company, has launched its "Buy Now, Pay Later" (BNPL) service in Singapore and Malaysia, providing over 6 million Fave users with instant access to interest-free credit to be used at over 40,000 stores as a pilot.

/payments

Wehkamp Finance spins off deferred payments platform Tinka

The spin-off of deferred payments provider Tinka marks a new phase in the digital and business transformation of former Wehkamp Finance.

/payments

Splitit forms partnership with Middle East BNPL provider tabby

Splitit (ASX:SPT), the company empowering consumers to use their existing credit to spread payments over time, announced a partnership with tabby, the leading Middle East Buy Now Pay Later (BNPL) provider.

/people

Afterpay taps Mastercard exec as new general manager of North America

Afterpay (ASX:APT), the leader in “Buy Now, Pay Later” payments, today announced that it has appointed Zahir Khoja as General Manager of North America.

/payments

Ifin brings Shariah-compliant BNPL to Oman

IFIN (Islamic Finance Initiation Network), the first of its kind Islamic FinTech has launched its operations in the Sultanate of Oman in partnership with Alizz Islamic Bank and Danube Home.

/payments

Klarna launches comparison shopping service across Europe

Klarna, a leading global retail bank, payments, and shopping service, today announced the launch of their new Comparison Shopping Service (CSS) in 21 markets.

/payments

Laybuy brings in-store BNPL to UK

New Zealand-based buy now, pay later outfit Laybuy is launching its digital BNPL card in the UK, enabling customers to make in-store purchases with a tap of their phones.

/payments

Trust Payments to offer BNPL via Zip

Trust Payments, the global unified payments group, has partnered with Zip, the first Buy Now, Pay Later provider to join its network of payment partners.

/payments

Affirm introduces Shop Pay Installments for Shopify merchants

Since our founding, Affirm has been focused on delivering honest financial products that improve lives.

/retail

Klarna raises $639m at $45.6 billion valuation

Klarna has raised $639 million in a funding round led by SoftBank's Vision Fund 2 that values the buy now, pay later juggernaut at $45.6 billion.

/payments

Splitit BNPL to be embedded in ChargeAfter POS

Splitit (ASX:SPT), the company empowering consumers to use their existing line of credit to pay in installments, announced a partnership with ChargeAfter, the leading global network of personalized buy now pay later (BNPL) and point-of-sale financing for merchants, adding Splitit to complement its existing portfolio of consumer financing offerings.

/payments

Klarna launches in France

Klarna, the leading global payments provider, bank and shopping service, currently serving more than 250,000 retail partners and 90 million consumers globally, officially launches in France today by introducing “Pay in 3”.

/payments

Klarna takes on credit cards with in-app instalment shopping at all UK online retailers

Klarna has released a shopping app that enables UK users to pay in three monthly instalment for purchases at any online retailer, regardless of whether they’re partnered with Klarna or not

/payments

HSBC and ING invest in BNPL firm Divido

White label buy now, pay later player Divido has raised $30 million in a Series B funding round led by HSBC and ING.

/startups

Colombian BNPL player Addi lands $65M in funding and a strategic relationship with Banco Santander

Bogota-based buy now, pay later platform Addi has secured $65 million in debt and equity funding and formed a strategic relationship with Banco Santander.

/payments

Klarna locates new tech hub in Madrid

Buy now, pay later giant Klarna is to open a new tech hub in Madrid that will employ 500 freshly-recruited engineering staff.

/regulation

ASA rules against misleading communications by Lanistar and Laybuy

Controversial fintech startup Lanistar is back in the wars again after the Advertising Standards Authority ruled that claims made by the firm about the saffety of its card payments product could not be substantiated.

/payments

Klarna: Retailers risk losing loyal customers if they get returns wrong

Over eight in ten (84%) online shoppers would turn their back on a retailer after a bad returns experience.

/payments

Affirm B2B BNPL spinoff Resolve lands $60 million in funding

Resolve, a buy now, pay later billing company spun out of Affirm, has raised $60 million in funding.