BNPL

396 articles tagged with this keyword

/payments

Monzo brings monthly payments to Apple Pay purchases

Monzo is bringing payment options to customers who choose to pay with Apple Pay.

/payments

B2B BNPL player PastPay secures €12 million Series A

B2B buy now, pay later platform PastPay has raised €12 million in a Series A funding round led by Platina Capital and supported by a number of financial institutions.

/payments

Amazon invests $20 million in Indian BNPL firm Axio

Indian buy now, pay later firm Axio has landed a $20 million equity investment from Amazon's Smbhav Venture Fund.

/ai

Klarna to use AI to halve workforce

Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.

/payments

Klarna acquires assets of bankrupt BNPL firm Laybuy

Klarna has acquired the assets of defunct buy now, pay later firm Laybuy in New Zealand.

/payments

Klarna takes on banks with new 'account' for storing funds

Klarna is rolling out an "account" where customers can store money and cashback rewards as the Swedish fintech continues to diversify beyond its BNPL roots into more traditional retail banking services.

/payments

Chase stops customers using credit cards to make BNPL instalment payments

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

/payments

Klarna lines up banks for 2025 IPO - FT

Swedish BNPL outfit Klarna is lining up potential financial advisors for a US initial public offering that could happen in the first half of next year, according to the Financial Times.

/payments

Divido calls in the administrators

White label buy now, pay later player Divido has been declared insolvent.

/payments

EPI launches wero wallet in Germany

The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.

/payments

Klarna sells Checkout business

Klarna is selling its online checkout business to a consortium of investors for around €485 million in order to remove the conflict of interest it created with partners such as Adyen and Stripe.

/payments

Zilch secures £100 million financing deal

With one eye on an IPO in 2025, London-based buy now, pay later firm Zilch has secured £100 million in securitised debt financing arranged by Deutsche Bank (DB).

/payments

BNPL firm Laybuy enters receivership

New Zealand-based Buy now, pay later lender Laybuy has entered receivership after failing to find a buyer for the ailing business.

/payments

Apple shuts down Apple Pay Later

Apple is killing off its buy now, pay later service just a year after launch as it switches its focus to working with third parties for instalment loans.

/payments

Santander BNPL platform to provide installment payments for Apple customers in Germany

Santander's buy now, pay later platform Zinia has been selected by Apple in Germany to provide BNPL installment plans for consumer purchases both online and in person.

/regulation

Australia introduces BNPL rules

Australia's government is prepping legislation that would require buy now, pay later providers to carry out basic credit checks on new customers.

/regulation

Klarna labels CFPB BNPL rule 'baffling'

The US Consumer Financial Protection Bureau's new rule on buy now, pay later lenders has received a mixed reception from industry players, with Affirm welcoming the outcome but rival Klarna calling it "baffling".

/sustainable

Zopa enters renewable energy market

Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of buy now, pay later and retail finance products available to Octopus Energy customers across the country.

/payments

Google Pay lets customers ditch CVVs for biometrics

Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.

/payments

CFPB rules that BNPL lenders should be treated as credit cards

The US Consumer Financial Protection Bureau has ruled that buy now, pay later lenders should be treated in the same way as credit cards.