BNPL

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Sergel offers payment of debt by installments with Trustly

Trustly, a global payment method, is proud to announce a collaboration with leading credit management service provider, Sergel.

/payments

Zorrz to launch credit card with inbuilt BNPL functionality

UK fintech Zorrz Finance and Swedish fintech Sileon, specialised in card-based Buy Now, Pay Later (BNPL) functionality, have announced a partnership to enable more consumers to access BNPL solutions.

Klarna claims European momentum

/payments

Klarna claims European momentum

As rivals pull out of Europe, BNPL giant Klarna is reporting strong uptake across the continent, with the value of goods sold through the platform soaring.

/payments

Koverly releases 'Pay in 30' for deferred foreign exchange payments

Koverly, a global B2B payments solution providing payment flexibility alongside reduced foreign exchange rates, introduces the only buy now, pay later (BNPL) solution to give a 30-day extension on FX payments at no cost to the buyer or seller.

/payments

Turkish fintech expands into Europe

Param, Turkey's biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto.

Splitit to delist after securing $50m investment

/payments

Splitit to delist after securing $50m investment

Splitit, the BNPL player behind a white-label Instalments-as-a-Service platform, is planning to delist from the ASX after securing up to $50 million from Motive Partners.

/payments

Deko and Aero Commerce to provide checkout finance for merchants

Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities.

Block shuts European P2P payments brand Verse

/payments

Block shuts European P2P payments brand Verse

Block is shutting down the Cash App's Verse brand in the EU and its BNPL platform Clearpay in Spain, France and Italy, citing disappointing growth and profitability.

/payments

Flynas turns to Tabby for instalment payments

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, and Tabby, the MENA’s leading shopping and financial services app, have announced a partnership to provide travellers with flexible payment solutions, allowing flynas’ customers to pay for their trips in four interest-free payment instalments.

/payments

Klarna boasts of strong uptake in Canada

Klarna, the AI powered global payments network and shopping destination, announced today its continued momentum in Canada.

/payments

Melio enters B2B BNPL arena

Melio, a leading B2B payments platform for small businesses, today announced the launch of Pay Over Time, the first product that enables small businesses to pay vendors and business bills in monthly installments, while their suppliers get paid in full and on time.

Klarna ditches open banking brand

/retail

Klarna ditches open banking brand

Buy now, pay later giant Klarna has killed off its open banking brand Klarna Kosma a little over a year after launch, although the business will continue to operate as before.

/payments

Upgrade acquires Uplift for $100 million in cash and stock

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the acquisition of Uplift, Inc., the leading provider of Buy Now Pay Later (BNPL) payment and credit products to travelers.

/crypto

Optty adds cryptocurrencies as a payment option

Optty, the world's first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform.

/payments

Klarna lands BNPL deal with iconic London store Liberty

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, with its flexible and interest-free payment options now available online.

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.

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