Latest BNPL News: Finextra Research

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.

04 May 2022

News/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.

04 May 2022

News/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.

03 May 2022

Company update/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).

27 April 2022

News/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.

27 April 2022

News/payments

Mondu moves into online B2B BNPL with BaaS support from Raisin

Germany's Mondu is to offer buy now, pay later services to online B2B merchants and marketplaces through a Banking-as-a-Service collaboration with Raisin Bank.

27 April 2022

News/payments

Experian to debut Buy Now, Pay Later Bureau

Experian is to debut a buy now, pay later credit bureau this spring, providing US lenders with real-time data on customer spending and loan repayments without impacting credit scores.

26 April 2022

Company update/startups

Fintech app for school fees zenda raises $9.4 million

zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round.

25 April 2022

News/payments

Primer and hoolah team to bring BNPL to Asian merchants

Asian omnichannel buy now, pay later platform hoolah has teamed up with no-code payments automation platform Primer to make it easy for merchants in Singapore, Malaysia and Hong Kong to integrate BNPL into their systems.

22 April 2022

Company update/payments

Klarna makes capital out of UK Record Store Day

Klarna, the leading global retail bank, payments, and shopping service that helps consumers save time, money, be informed, and in control, has partnered with Record Store Day to help music lovers discover their new favourite artists while supporting local record stores.

21 April 2022

Company update/sustainable

Klarna pledges to match consumer donations towards planet health causes this Earth Week

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced a series of initiatives dedicated to supporting our planet’s health.

19 April 2022

News/predictions

Apple Pay most popular payments app with US teens

Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey.

11 April 2022

News/inclusion

NextGen Nordics: Banking app for Ukrainian refugees launched

Ahead of our NextGen Nordics conference on 27th April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

08 April 2022

News/startups

Piraeus to launch independent digital bank

Piraeus Bank is to build a new online-only independent bank for customers in Greece and the rest of the European market, capitalising on digital trends in banking-as-a-service and buy now, pay later.

07 April 2022

News/payments

Zilch updates BNPL affordability criteria with Experian

Meeting concerns over affordability checks in buy now, pay later loans, the UK's Zilch has partnered with Experian to begin reciprocal reporting of credit data.

07 April 2022

Company update/startups

Manchester’s Social Money makes first time investment of £500,000 with make-up app Faces Consent

Social Money Ltd, owner of millennial buy now, pay later finance - Payl8r and bridge lending business - SoMo, has made its first ever investment in another business.

07 April 2022

Company update/payments

Paysend introduces credit builder and pay later products

Paysend, the UK-based fintech with over 6.5 million customers, today announces the launch of two new products to help customers improve their financial health: Credit Builder and Pay Later.

06 April 2022

Company update/payments

Klarna rebrands Stocard

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today revealed the new “Klarna-fied” brand identity of Stocard, one of the world’s leading mobile wallet providers that enables consumers to gather all of their loyalty cards virtually in one single place and receive personalized offers.

06 April 2022

Company update/payments

Air Canada to offer buy now, pay later bookings with Visa Installments

As consumer interest in 'Buy Now, Pay Later' (BNPL) continues to grow, Visa announced today its intention to collaborate with Air Canada, the flag carrier and Canada's largest airline, to facilitate the offering of Visa Installment Solution to eligible credit cardholders, giving Canadian travelers more choice and flexibility over how they pay for their airline purchases.

05 April 2022

News/retail

BNPL firm FinAccel buys majority stake in Indonesian bank

Southeast Asian BNPL player FinAccel is moving into digital banking through the acquisition of a majority stake in Indonesia's PT Bank Bisnis Internasional.

05 April 2022