BNPL

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Airwallex partners Atome on BNPL

/payments

Airwallex partners Atome on BNPL

Airwallex has joined forces with Asian BNPL giant Atome to enable its merchant customers to offer instalment payment options.

Klarna losses quadruple in Australia

/payments

Klarna losses quadruple in Australia

Klarna's Australian arm racked up losses of $56 million last year, four times bigger than when it launched in the country in 2020, when it reported a $14 million loss.

/payments

Square and Clearpay to provide online storefronts for British Fashion Council designers

Square and Clearpay has launched a programme for the British Fashion Council’s (BFC) young designers to help them establish their online storefronts.

BNPL firm Tymit raises £23m

/payments

BNPL firm Tymit raises £23m

London-based BNPL player Tymit has closed a £23 million Series A funding round led by retailer Frasers Group.

Zip launches BNPL card

/payments

Zip launches BNPL card

BNPL firm Zip has partnered WebBank to launch a physical card as it bids to make inroads into in-store shopping.

/regulation

CBK to test a buy now, pay later product within its regulatory sandbox

In light of the keenness of the Central Bank of Kuwait (CBK) to enable modern financial technologies in the State of Kuwait and to enhance its role in adopting and encouraging innovation, in a way that promotes the introduction of innovative business models, the CBK has allowed a new Buy Now Pay Later (BNPL) product to begin testing by launching thereof in the local market within the Regulatory Sandbox with a group of volunteer customers and merchants to fully assess and evaluate the product before the final launch in the market.

/payments

Sun Finance launches BNPL product

One of Europe’s most rapidly growing fintech companies, Sun Finance, is expanding its product range with BNPL (buy-now-pay-later).

/payments

Visa Installments gains momentum in Canada

Today, Visa has announced new collaborations across the payment ecosystem, to bring Installments enabled by Visa to more eligible credit cardholders.

Italy's Mediobanca snaps up BNPL fintechs

/payments

Italy's Mediobanca snaps up BNPL fintechs

The consumer credit arm of Italian investment bank Mediobanca Group has made two fintech investments designed to boost its BNPL operations.

/payments

Mondu raises €20 million debt financing round from VVRB

B2B payments company Mondu has raised a €20m debt investment round from German bank Vereinigte Volksbank Raiffeisenbank.

/payments

Volkswagen Bank increases stake in fintech Credi2 and launches new instant loan product

In order to strengthen the cooperation with the buy now, pay later Fintech Credi2, Germany’s largest automobile bank, Volkswagen Bank, has increased its stake in the Viennese fintech from 20 percent to over 28 percent.

/payments

Hokodo provides BNPL plug in for Shopify merchants

Leading B2B Buy Now, Pay Later (BNPL) provider Hokodo has today announced a new plug-in for multinational e-commerce platform Shopify.

/payments

Afterpay introduces 12-month repayment options

Afterpay, a leader in “Buy Now, Pay Later” payments, today introduced a new payment solution that give consumers even more choice, flexibility and time to pay, with transparent terms to support responsible spending - just in time for the busy holiday shopping season.

/payments

SeQura secures €150 million credit lne from Citi

SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing.

Amazon and Affirm bring BNPL payments to Canada

/payments

Amazon and Affirm bring BNPL payments to Canada

Amazon and Affirm are extending their buy now, pay later partnership to Canada, enabling shoppers to pay for their purchases in instalments.

Revolut adds Brazil and Mexico to global expansion

/payments

Revolut adds Brazil and Mexico to global expansion

Digital bank Revolut has announced its expansion into Mexico and Brazil, with a plan to hire 250 new employees in both countries by 2025.

/wholesale

Playter now able to offer up to £1m per year in funding to UK SME's

Exciting London-based start-up Playter is taking the BNPL space by storm, as they announce an increase in the amount of funding SMEs can access through their innovative growth platform, reducing business owners' burn rates, increasing runway, and freeing up capital.

Revolut rolls out BNPL product in Ireland

/payments

Revolut rolls out BNPL product in Ireland

Revolut is rolling out its Pay Later BNPL product to its 1.9 million users in Ireland following a successful three-month trial.

/people

White label BNPL firm equipifi names Doug Preston head of strategy

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Doug Preston will be joining as its Head of Strategy.

/startups

Ratio secures $411 million to launch BNPL for B2B SaaS businesses

Ratio, a new kind of fintech platform that combines payments, predictive pricing, financing, and a frictionless quote to cash process into one platform for SaaS and technology companies, today emerged from stealth and announced raising $11M in venture funding and a $400M credit facility for customer financing.

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