736 articles tagged with this keyword
News/startups
PollenPay is the latest startup to enter Britain's already crowded buy now, pay later arena, which has just witnessed its latest casualty in the withdrawal of Openpay from the UK market.
01 March 2022
Company update/payments
Jiye Technologies, the fastest growing Agri-Tech platform in Pakistan has announced a first of its kind business-to-business (B2B) buy-now-pay-later (BNPL) feature through a digital financing product for farmers and businesses across Pakistan under its program called ‘Jiye Khushhaal Karobar’.
28 February 2022
News/payments
BNPL giant Klarna has reported soaring operating losses of $748 million for the full year 2021, driven by expansion to fresh markets and the challenges of underwriting a massive inflow of new customers.
Australian buy now, pay later outfit Zip is to acquire US rival Zezzle for A$491 million.
Italy's Scalapay has become the latest BNPL unicorn on the back of a $497 million Series B investment from Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.
24 February 2022
News/crypto
Crypto exchange and mobile banking platform hi has teamed up with BaaS player Contis on a debit card that lets shoppers pay with their digital assets at over 60 million merchants.
Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced it will launch its global rewards programme in the UK.
22 February 2022
Retailers will be able to showcase their latest and best deals directly to Buy Now, Pay Later (BNPL) shoppers thanks to a new feature introduced to the Zip app.
Company update/startups
Cape Town-based start-up PayJustNow has announced a significant investment by a major fintech player that will drive its ongoing growth in the booming buy now, pay later (BNPL) space.
21 February 2022
ViaBill, the Danish Buy Now Pay Later (BNPL) leader backed by international venture capital Headline and Blackfin announces it has raised a $120m equity and debt round led by London-based Fasanara capital.
Klarna, a leading global retail bank, payments and shopping service, today announced that its waitlist for the Klarna Card is now open to all US consumers.
17 February 2022
Trustly, the leading global payments platform for digital account-to-account transactions, is proud to introduce FlexPay by Trustly, a new product that gives consumers the flexibility to defer the settlement date of a debited amount to a date in the future.
Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced ACI PayAfter, a new solution that enables merchants and payment service providers (PSPs) globally to provide their customers with a choice of more than 70 BNPL options through a single integration.
15 February 2022
News/regulation
The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.
14 February 2022
Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.
French buy now, pay later startup Alma has raised €210 million to scale its business across continental Europe.
Australian buy now, pay later outfit Zip has struck a deal with Singapore's Singtel to provide embedded payment instalment services to the 1.3 million users of the telco's Dash mobile wallet.
10 February 2022
Klarna is weighing plans to raise new money in a funding round that could potentially fetch a $50bn-$60bn valuation.
Global information and insights provider TransUnion has announced it is ready to accept buy now, pay later finance into UK consumer credit files, being the first credit reference agency in the UK to do so.
09 February 2022
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