BNPL

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Treasury set to shelve BNPL regulations

/regulation

Treasury set to shelve BNPL regulations

The government is poised to shelve plans to crack down on Britain’s fast-growing 'buy now pay later' (BNPL) industry, Sky News learns.

/payments

Tymit pivots to B2B with new Visa partnership

Tymit, a pioneer in the instalment credit industry, is delighted to announce a strategic partnership with Visa, a global leader in payment solutions.

Klarna to provide struggling customers with access to debt advice

/payments

Klarna to provide struggling customers with access to debt advice

In anticipation of new Consumer Duty rules in the UK, BNPL firm Klarna has partnered with the Money Advisor Network to provide cash-strapped customers with free advice on how to manage their debts.

/BNPL

Millennials relying on BNPL to pay for everyday essentials

Millennials are the generation most likely to be using Buy Now Pay Later (BNPL) services to pay for household bills and essentials such as groceries, according to research conducted by financial comparison site Money Expert.

/payments

Divido unveils embedded retail finance platform

Checkout finance provider, Divido, has announced the upgrade of its UK direct-to-merchant platform to now give merchants easy access to retail finance across Europe.

/payments

Billie to bring BNPL to Shopware merchants

Billie, the leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers and Shopware, the leading global open-source ecommerce platform provider, today announce their joint effort to bring B2B Buy Now, Pay Later to merchants and their business customers in Europe.

Credit Education in Focus- Who holds the responsibility?

/inclusion

Credit Education in Focus- Who holds the responsibility?

Satrajit “Satty” Saha, CEO of TransUnion in the UK, joined us at Money 20/20 in Amsterdam to discuss the importance of credit education in driving financial inclusion, consumer empowerment, the evolution of buy now, pay later and the industry’s readiness for the Consumer Duty.

KKR to buy €40bn of PayPal European BNPL loans

/payments

KKR to buy €40bn of PayPal European BNPL loans

PayPal has struck a deal to offload up to €40 billion of its buy now, pay later loans in Europe to private equity firm KKR.

/payments

Mediobanca subsidiary acquires Swiss BNPL startup

Compass, the Mediobanca Group consumer credit arm, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG.

/payments

Douugh launches Pay Now or Pay Later Stockback rewards Mastercard

Douugh Ltd (ASX: DOU), the award winning consumer fintech on a mission to empower everyday Aussies to take control of their money and build long term wealth on autopilot, is delighted to announce the launch of the world’s first Pay Now or Pay Later Stockback™ rewards Mastercard.

/payments

Zilch opens new technology hub in Poland

Zilch, the groundbreaking direct-to-consumer (D2C) credit provider and advertising technology platform, announces the opening of its new technology hub in Krakow, Poland.

PE firms eye Goldman's GreenSky at steep discount

/payments

PE firms eye Goldman's GreenSky at steep discount

Goldman Sachs has received several offers from investment firms to buy its BNPL-based home improvement lender GreenSky, according to press report.

/payments

NymCard acquires Middle East BNPL firm Spotii

NymCard, the leading payments infrastructure provider in the MENA region, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain.

/payments

Hokodo acquires Lithuanian payments business

B2B payment solutions provider Hokodo has today announced the acquisition of a Lithuanian payments business, making it the first and, currently, only B2B Buy Now, Pay Later provider with a payments licence.

/payments

Klarna goes live in Romania

Klarna, the AI powered global payments network and shopping destination, announces its launch in Romania and the main services the company will be providing to companies and end-users.

Amazon Pay adds Affirm BNPL option

/payments

Amazon Pay adds Affirm BNPL option

US merchants that use Amazon Pay can now offer their customers instalment payment options thanks to a deal with BNPL outfit Affirm.

/payments

Zilch open ad-sales platform to third parties

Zilch, the pioneering direct-to-consumer (D2C) payments technology and advertising platform, is today announcing the official rollout of its Ad-Subsidised-Payments-Network (ASPN) to third parties through open APIs.

/wholesale

Jifiti launches embedded lending platform with FIS

Jifiti, a multinational embedded lending technology company, today announced that they have signed an agreement to launch an embedded lending solution with FIS (NYSE: FIS), a global leader in financial services technology.

/payments

Juni introduces BNPL for online retail media invoices

Juni, the financial platform dedicated to digital commerce, is set to launch a new feature, “Juni Invoices”, adding a fresh dimension to the deferred payment landscape.

/payments

Worldpay makes Affirm BNPL tech available to merchants

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and global financial technology leader Worldpay from FIS® (NYSE: FIS), today announced a multi-year partnership that will make Affirm’s Adaptive Checkout™ available to all eligible Worldpay merchants.

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