Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Klarna halves losses, expects a return to profit

Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses.

26 May 2023

News/payments

Klarna introduces credit opt outs

Klarna has updated its app to provide budget-conscious Brits with a tool to opt out of taking on more debt and called on credit card companies and other providers to follow suit.

24 May 2023

News/payments

Airbnb jumps into bed with Klarna

Klarna has joined forces with Airbnb to provide guests in the US and Canada with flexible payment options when booking their stay.

22 May 2023

News/payments

Australia ushers in BNPL regulation

The Australian Government is to introduce new rules that will treat buy now, pay later schemes as credit products in an effort to mitigate mounting consumer debt.

22 May 2023

Company update/payments

Splitit and APPS simplify ISO and ISV instalment payments

Splitit (ASX:SPT, OTCQX:SPTTY), the only white-label service allowing customers to pay by installments using their existing credit on their payment card, and Atlantic-Pacific Processing Systems NV, Corp. (APPS), a leading North American payment solutions provider, today announced they have partnered to deliver an integrated card-based installment payments solution.

18 May 2023

Company update/payments

Sezzle launches Pay-in-2 BNPL option

Sezzle Inc. (ASX: SZL) (Sezzle or Company) // - Sezzle, a purpose-driven installment payment platform, is pleased to announce the launch of its new Pay-in-2 product, which will provide shoppers more choices at time of payment.

17 May 2023

Company update/people

Deko appoints John Roberts as head of strategic partnerships

Deko, the multi-lender checkout finance platform, has appointed John Roberts to the position of Head of Strategic Partnerships.

17 May 2023

Company update/payments

German BNPL player Tilta goes live on Mambu

Tilta, a Berlin-based fintech, announced the successful launch of its greenfield lending solution on Mambu’s cloud banking platform today. Powered by Mambu, Tilta can enhance the payment experience for B2B merchants and their end customers, while closing the working capital gap on eCommerce marketplaces.

16 May 2023

News/people

ZestMoney founders resign in wake of failed sale

The founders of ZestMoney have resigned weeks after the Indian BNPL firm's planned acquisition by Walmart-backed mobile payments giant PhonePe fell through.

15 May 2023

Company update/payments

Numeral and BNP Paribas selected by Alma to automate billion euros of payments per year

Numeral, the leading payment operations platform for fintech companies, has been selected by Alma, a leading European Buy Now, Pay Later provider, to automate millions of payments per year to merchants in collaboration with BNP Paribas.

10 May 2023

Company update/payments

Pakistan BNPL firm QistBazaar scores Bank Alfalah investment

QistBazaar, a leading Pakistan-based Buy Now Pay Later (BNPL) Fintech, announces a significant equity and Shariah-Compliant embedded finance partnership with Bank Alfalah - one of Pakistan’s largest commercial banks.

08 May 2023

Finextra TV/payments

How AI is unlocking the potential of BNPL

Einar Björgvin Eiðsson, Product Director, indó iceland, discusses the growth and success of BNPL in Sweden at NextGen Nordics 2023, and how AI is unlocking further potential for the future.

04 May 2023

News/regulation

Innovate Finance slams UK government's 'onerous' BNPL proposals

Fintech industry body Innovate Finance says its members are "deeply concerned" by the UK government's plans to regulate the buy now, pay later sector, arguing that the measures would be more onerous than those that apply to credit cards.

03 May 2023

Company update/payments

Celerant integrates with Sezzle for BNPL at merchant online stores

Celerant Technology, the #1 rated retail software in 2023, announced today a partnership with Sezzle Inc. (ASX: SZL), a leading provider of consumer financing solutions.

27 April 2023

News/retail

NextGen Nordics: Managing innovation risk with regulation and education

Rounding out the NextGen Nordics’ afternoon sessions, Anna Milne, editor at Finextra, took to the stage for a fireside chat with Einar Eidsson, product director, for buy-now-pay-later (BNPL) provider, indó iceland.

27 April 2023

News/payments

Amazon Pay rolls out Citi Flex Pay to give credit card users instalment option

Citi credit card holders can now pay in instalments when using Amazon Pay during checkout at thousands of online shopping sites.

27 April 2023

Company update/payments

Splitit to deliver payment installments in less than two seconds

Splitit (ASX: SPT, OTCQX: SPTTY), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, has announced a new super-fast white-label payment experience, SplititExpress.

26 April 2023

News/retail

Klarna unveils AI-powered personalised shopping feed

Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.

25 April 2023

News/payments

NextGen Nordics 2023: the future of AI in BNPL

NextGen Nordics has returned to Stockholm on 25 April 2023, with a wide range of speakers discussing topics such as P27, cross border payments, open banking, CBDCs, digital assets and Web 3.0.

25 April 2023

Company update/payments

Splitit joins Rapyd partner programme

The Rapyd Splitit partnership will enable businesses around the world to deliver seamless installment payments to their shoppers with access to Rapyd’s extensive global payments network.

19 April 2023