BNPL

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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.

Klarna halves losses, expects a return to profit

/startups

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.

Klarna introduces credit opt outs

/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.

Airbnb jumps into bed with Klarna

/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.

Australia ushers in BNPL regulation

/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.

/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.

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