BNPL

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Tech stock carnage hits Klarna valuation

/payments

Tech stock carnage hits Klarna valuation

Turmoil in tech stocks appears to be spilling over to the fintech market, with reports that BNPL giant Klarna is looking to raisee fresh funds at a 30% discount to its previously sky-high $46 billion valuation.

Klarna reaches dream milestone of 150 million active customers

/payments

Klarna reaches dream milestone of 150 million active customers

To celebrate reaching 150 million active users, BNPL giant Klarna has launched 'Dream Deal Days', a three-day event offering consumers exclusive deals and product drops with some of the world’s biggest retail brands.

/payments

Fraugster launches 'Alternative Credit Decisions' for BPL firms and merchants

Fraugster, an AI payment intelligence company, today announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants to approve more customers without increasing credit risk.

Dutch BNPL player in3 raises $85.3 million

/startups

Dutch BNPL player in3 raises $85.3 million

Dutch buy now, pay later outfit in3 has raised $85.3 million in debt and equity and struck a deal with payments firm Mollie to bring its services to more merchants.

/payments

Splitit unveils Installments-as-a-Service offer

Splitit unveiled a new way to drive installment payments through its merchant-branded Installments-as-a-Service platform.

Zilch sets its sights on 125 million new customers as it launches in the US

/payments

Zilch sets its sights on 125 million new customers as it launches in the US

UK BNPL unicorn Zilch is preparing to open its services to 150,000 pre-registered customers in the US.

Irish central bank lays down new rules for BNPL providers

/regulation

Irish central bank lays down new rules for BNPL providers

The Central Bank of Ireland is applying new consumer protection legislation to ensure that hire purchase, consumer hire, and buy now, pay later providers and services adhere to new rules under the direct authorisation of the Central Bank.

MultiPay and Mastercard bring BNPL to Ireland's high street retailers

/payments

MultiPay and Mastercard bring BNPL to Ireland's high street retailers

Payments technology company MultiPay is to bring installments payments to Irish brick and mortar stores through a tie-up with Mastercard.

/payments

Klarna takes virtual shopping global

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its Virtual Shopping offering, bringing the best of in-store to the online experience.

/people

Zip names former EasyJet commerical director as UK chief

Ruth Spratt, former European commercial director at easyJet, has been appointed UK Country Manager at global Buy Now, Pay Later (BNPL) leader Zip to lead the company’s expansion in the UK.

Klarna rolls out hybrid work policy

/people

Klarna rolls out hybrid work policy

BNPL giant Klarna is introducing a flexible working policy that lets employees pick between staying at home or going to the office.

/payments

Afterpay extends partnership with Adyen

Adyen (AMS: ADYEN), the global financial technology platform for leading businesses, today announced it has expanded upon its partnership with one of the leaders in Buy Now, Pay Later (BNPL), Afterpay Limited (ASX: APT).

/payments

Tabby issues digital Visa card that lets users tap now, pay later

Tabby, the Middle East’s leading buy now, pay later provider, has partnered with Visa, the world leader in digital payments and M2P Fintech, Asia's largest API infrastructure company to make in-store payments easier than ever before with the Tabby Visa Card.

/people

BNPL platform Deko appoints new CCO

BNPL platform Deko has today announced the appointment of Melanie Vala as its new Chief Commercial Officer (CCO). Melanie will oversee the entire commercial function at Deko, with a focus on driving the company’s growth strategy.

/payments

Fiserv enables BNPL

Businesses of all sizes will be able to simplify the enablement of Buy Now Pay Later (BNPL) options with streamlined access via commerce systems from Fiserv, Inc., a leading global provider of payments and financial services technology solutions.

UK BNPL unicorn Zilch prepares for US launch

/payments

UK BNPL unicorn Zilch prepares for US launch

Ahead of its imminent launch in the US, London based fintech Zilch has joined the Financial Technology Association (FTA) in order to prioritise innovation through responsible products and services.

Klarna to report consumer BNPL use to credit referencing agencies

/payments

Klarna to report consumer BNPL use to credit referencing agencies

Klarna is to begin reporting consumer use of its buy now, pay later products to UK credit reference agencies, enabling users to build a positive credit history and protect them from building up multiple lines of credit.

Poste Italiane invests $27 million in BNPL unicorn Scalapay

/payments

Poste Italiane invests $27 million in BNPL unicorn Scalapay

Italian BNPL unicorn Scalapay has secured a $27 million investment from Poste Italiane, one of the largest payment card issuers in Europe.

/payments

Klarna partners Global-e for Canada push

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, announced today its expanded partnership with leading cross-border e-commerce provider Global-e (Nasdaq: GLBE).

Optty launches BNPL integration platform

/payments

Optty launches BNPL integration platform

Optty, a buy now, pay later integration platform for retailers, has emerged from stealth with $9 million in funding.

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