BNPL

400 articles tagged with this keyword

/crypto

Global fintech investment rebounds to hit $98bn in H1

Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.

/payments

Scotiabank converts credit card repayments into BNPL instalment plans

Canada's Scotiabank is converting credit card repayments into buy now, pay later plans, with the option to pay off debt in three, six or 12-month fixed instalment payments.

/payments

NAB to buy Citi's Australian consumer business for $1.2 billion

NAB is to buy Citigroup's Australian consumer operations for $1.2 billion in a deal that will double the lender's credit card business.

/retail

Indonesian BNPL giant Kredivo to go public via Spac merger

The owner of Indonesian buy now, pay later platform Kredivo is set to go public in a $2.5 billion merger with a special purpose acquisition company sponsored by Victory Park Capital.

/payments

Square to acquire Afterpay for $29 billion

Square is to acquire Australian buy now, pay later firm Afterpay for $29 billion.

/payments

Visa rolls out BNPL APIs for clients

Visa is jumping into the BNPL market, rolling out APIs that let its clients offer instalment payment products.

/payments

Klarna shopping spree continues with acquisition of APPRL

Klarna has made its third acquisition in as many weeks, offloading more of its recent $639 million mega-raise on influence marketing provider APPRL.

/startups

Former Mollie and Klarna execs build BNPL platform for B2B purchasing

Former Mollie and Klarna senior managers have developed Biller, an AI powered buy now, pay later service for B2B purchasing.

/regulation

Coadec sets out vision for BNPL regulation

As the Financial Conduct Authority gears up for a consultation on regulating the buy now, pay later market, the Coalition for a Digital Economy (Coadec) has set out its proposal for a "robust and proportionate" framework.

/payments

Klarna buys German shopping app Stocard

Flush from a recent $639 million mega-raise, BNPL giant Klarna has reportedly splashed €113 million on German discount shopping app Stocard.

/payments

London BNPL player Zilch extends Series B by $110 million

London-based buy now, pay later lender Zilch has extended its Serie B round by a further $110 million in debt and equity, with backing from Goldman Sachs and the venture capital arm of UK newspaper Daily Mail.

/payments

Sezzle launches new working capital platform for merchants

Buy now, pay later player Sezzle is rolling out a new business line that will see it provide qualifying merchant customers with same day funding of working capital up to $10 million.

/retail

Afterpay launches money management app

Australian buy now, pay later firm Afterpay is diversifying through the launch of a 'money and lifestyle' app.

/startups

Capchase raises $280m; launches BNPL platform for large business expenses

Capchase, a US startup that helps company founders access non-dilutive capital, has raised $280 million in debt and equity financing to support the launch of a BNPL product that lets users split large expenses over time.

/payments

Discover invests $30m in BNPL firm Sezzle

Discover is investing $30 million in buy now, pay later startup Sezzle as part of an agreement that also sees the card firm launch a BNPL service on its network.

/payments

PayPal debuts no-fee BNPL product in Australia

PayPal is to take on Australia's home-grown buy now, pay later players with the nationwide launch of a fee-free instalment payments product.

/payments

For Brits, BNPL means buy now, worry later

The average time UK shopper say it will take them to clear their BNPL debts is now nine months, well in excess of of the 30-90 day windows most schemes are based on.

/payments

Apple partners Goldman Sachs for BNPL play - Bloomberg

Apple is working with Goldman Sachs to develop a buy now, pay later service that lets customers pay for their Apple Pay purchases in instalments, according to Bloomberg.

/payments

Klarna acquires social shopping outfit Hero

Klarna has acquired 'social shopping' startup Hero, bringing instore retailer expertise to the online shopping experience.

/retail

Goldman Sachs joins $170m funding round for French fintech Younited

Younited, a Paris-based credit and payment platform, has raised $170 million in a funding round joined by Goldman Sachs and Bridgepoint.