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News/payments
Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.
16 February 2024
Company update/payments
Building upon its initial enrolment in the Mastercard Engage Programme, Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, announced it has been selected to join the Mastercard Engage Programme for its instalments solution in Europe.
15 February 2024
Klarna has rolled out a new service for customer data sharing with merchants, enabling a smoother checkout process and personalised offers for users.
14 February 2024
Citi Retail Services has picked technology from embedded lending platform ChargeAfter to power its products that let merchants offer credit and instalment loans at the point of sale.
06 February 2024
Finextra is heading back to Stockholm to delve into the most important topics in the Nordic banking world at our NextGen Nordics 2024 conference on the 23rd of April.
Inbank has entered into an exclusive partnership with Montonio, a leading provider of checkout solutions in Estonia.
Without any trace of irony, Klarna is reviving a feature which enables customers to look back on their personal spending history over the past year and get nudges to better money management tools in the app.
30 January 2024
Opyn, leading Italian Lending-as-a-Service platform, scales up in the European Union, Switzerland, and the UK with its proprietary Buy Now Pay Later solution for B2B, Opyn Pay Later, and targets M&A opportunities.
Amazon has added buy now, pay later outfit Kueski as a payments option for shoppers in Mexico.
29 January 2024
Berlin-based B2B buy now, pay later startup Mondu is set to expand across Europe after securing €30 million in debt financing from Vereinigte Volksbank Raiffeisenbank.
25 January 2024
Klarna, the AI powered global payments network and shopping assistant, today announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app for a monthly fee of $7.99.
24 January 2024
It is "very likely" that Klarna will launch a stock market listing in the US "quite soon", according to CEO Sebastian Siemiatkowski.
Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.
22 January 2024
Germany's Varengold Bank has invested €29.5 million in Dutch buy now pay later fintech Billink.
18 January 2024
The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.
17 January 2024
Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.
08 January 2024
Company update/people
Klarna, the AI powered global payments network and shopping assistant, announced today Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB.
04 January 2024
Nearly a quarter of Brits that have used buy now, pay later services have been charged late payment fees, according to a survey for education charity the Centre for Financial Capability.
Company update/retail
Rising costs forced young people to use buy now, pay later (BNPL) to afford Christmas this year as a quarter (23%) of young people* admitted they were planning on buying their Christmas dinner this year using BNPL, according to new research from responsible lender, Creditspring.
27 December 2023
UAE-based buy now, pay later player Tabby has secured $700 million in debt financing from JPMorgan and extended its series D round to $250 million.
21 December 2023
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