BNPL

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Apple looks to bring payment processing in-house - Bloomberg

/predictions

Apple looks to bring payment processing in-house - Bloomberg

Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.

Danish split payments startup Anyday raises €4m

/payments

Danish split payments startup Anyday raises €4m

Danish fintech Anyday has raised €4 million in seed funding to bring its split payments BNPL-style service to Scandinavia.

Pine Labs scores $50 million investment from Vitruvian Partners

/payments

Pine Labs scores $50 million investment from Vitruvian Partners

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $50 million in funding from London-based investment firm Vitruvian Partners.

/payments

Alliance Data rebrands as Bread Financial

Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions.

Banks invest in multi-lender BNPL platform ChargeAfter

/payments

Banks invest in multi-lender BNPL platform ChargeAfter

Citi Ventures, Banco Bradesco and MUFG have joined a $44 million Series B funding round for multi-lender BNPL player ChargeAfter.

NatWest hops aboard BNPL bandwagon

/payments

NatWest hops aboard BNPL bandwagon

NatWest is to enter the UK's crowded buy now, pay later space this summer, promising to put safeguards in place to ensure responsible lending.

/payments

Rupifi secures $8M venture debt in extension of Series-A

Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) and SME-focused Commercial Card products, today announced that it has secured $8M venture debt.

/payments

Mastercard adds BNPL partners

Mastercard today announced a growing list of leading partners, including BNPL specialists and globally recognized brands, further expanding Mastercard Installments, the unique BNPL program that delivers greater choice at checkout, both in-store and online.

EBAday 2022: Why 2022 will be the year digital payments dominate

/payments

EBAday 2022: Why 2022 will be the year digital payments dominate

Technical advancements that emerge throughout 2022 will bolster uptake of digital payments brought about by the pandemic, with new trends such as buy-now-pay-later (BNPL) and heavy use of digital wallets likely to become mainstream.

/payments

Mastercard beefs up BNPL partner network

Mastercard today announced a growing list of leading partners, including BNPL specialists and globally recognized brands, further expanding Mastercard Installments, the unique BNPL program that delivers greater choice at checkout, both in-store and online.

Playter raises $1.7m to bring BNPL to the B2B space

/startups

Playter raises $1.7m to bring BNPL to the B2B space

Playter, a London-based outfit bringing buy now, pay later to the B2B space, has raised $1.7 million in a seed funding round co-led by Fin Capital and 1818 Ventures.

/payments

Affirm raises guidance on Q3 and FY results

Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the "Company”), the payment network that empowers consumers and helps merchants drive growth, today provided an update on its business performance, including its current funding capacity and availability, and raised the Company's third quarter and full year fiscal 2022 financial outlook.

Quick fix BNPL adds to misery of cost of living crisis

/payments

Quick fix BNPL adds to misery of cost of living crisis

With living costs spiralling, Citizens Advice has found that one in 12 people turned to buy now pay later (BNPL) to cover basic costs - such as food and toiletries - in the last six months.

Dutch BNPL player in3 raises $11.1m

/payments

Dutch BNPL player in3 raises $11.1m

Dutch buy now, pay later outfit in3 has raised $11.1 million in funding and struck a deal with payments firm Worldline to bring its services to more merchants.

Curve lands in the US

/payments

Curve lands in the US

London-based fintech Curve has launched in the US, offering Americans the option to combine all their debit, credit and loyalty cards into one.

Sezzle to cut 20% of workforce

/people

Sezzle to cut 20% of workforce

US BNPL player Sezzle is to cut 20% of its workforce following confirmation of a takeover by Australian rival Zip.

/payments

Dollar General moves into BNPL

Dollar General (NYSE: DG) today announced a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives.

UAE BNPL startup tabby secures Series B extension of $54 million

/payments

UAE BNPL startup tabby secures Series B extension of $54 million

UAE-based buy now, pay later startup tabby has successfully raised $54M in an extension round to its initial $50M Series B closed in August of last year.

/payments

Aussie fintech ZeeFi debuts study now, pay later

Australian Fintech ZeeFi is the new kid on the BNPL block – the first to specialise only in payments for education providers.

DBS rolls out 'Mastercard installments with Pine Labs'

/payments

DBS rolls out 'Mastercard installments with Pine Labs'

DBS Bank is to roll out buy now, pay later services in Singapore, Indonesia and Hong Kong in partnership with Mastercard and Pine Labs.

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