BNPL

753 articles tagged with this keyword

/payments

Railsbank launches white label BNPL package for retailers

Embedded finance experience platform Railsbank has built a white label BNPL product that enables retailers to escape the clutches of shopping apps like Klarna and build their own branded buy now, pay later programmes.

/payments

Apexx Global lands in the US

Apexx Global is bringing its payments orchestration and processing platform to the US as it bids to take advantage of the country's fast-growing BNPL market.

/payments

PayU's Indian BNPL unit LazyPay forays into card market

LazyPay, India's preferred Buy Now Pay Later solution by PayU Finance, today announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line, foraying into the card segment.

/payments

British fintech Fly Now Pay Later secures $75 million in debt funding

Fly Now Pay Later, a British fintech company offering consumers globally an alternative and more flexible way to finance travel, has closed a USD $75m debt funding package provided by funds managed by Atalaya Capital Management to support expansion into the United States - the largest travel market in the world.

/regulation

HM Treasury urged to crackdown on BNPL as consultation closes

With the UK Treasury set to close its consultation on the FCA’s regulation of the booming buy now, pay later sector, consumer group Which? has called for stronger safeguards after publishing research which indicates that shoppers view BNPL products as budgeting solutions rather than credit.

/startups

BNPL startup Pollenpay readies for UK launch

Offering a smarter way to complete financial transactions, PollenPay, a UK-based Buy Now Pay Later (BNPL) company is delighted to announce its exciting launch plans.

/retail

New UK BNPL business PollenPay announces launch plans

Offering a smarter way to complete financial transactions, PollenPay, a UK-based Buy Now Pay Later (BNPL) company is delighted to announce its exciting launch plans. Led by founder and CEO, Leon Wilson, the business aims to ease pressure on purchases, while ensuring greater levels of financial responsibility amongst its users.

/payments

ThinkSmart to sell Clearpay stake to Afterpay

ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, today announces that it has agreed terms with Afterpay for ThinkSmart’s subsidiary, ThinkSmart Europe, to sell its 10% holding in Clearpay in exchange for 1,650,000 shares in Afterpay, subject to the approval of ThinkSmart shareholders.

/regulation

CFPB hauls in five BNPL firms to kickstart inquiry

The US Consumer Financial Protection Bureau (CFPB) has launched an inquiry into the buy now, pay later market amid concerns about accumulating debt levels and data harvesting by vendors.

/payments

Barclays to offer instalment payment plans with Amazon

UK consumers can now apply for a reusable credit account from Barclays, which lets them spread the cost of purchases over £100 on amazon.co.uk in equal monthly instalments

/payments

Repayment problems mount as BNPL surges

New research by financial advice service OpenMoney finds almost three fifths (57%) of adults aged 18 to 50 have now used buy now, pay later schemes (BNPL), up from half (49%) last year.

/payments

Zilch brings BNPL to gift cards

Zilch, the London-based buy now, pay later (BNPL) has announced the launch of Gift Cards by Zilch ahead of Christmas.

/payments

BNPL-focused TBI Bank enters greek market

TBI Bank, an inclusive lender and market leader in the Buy now, Pay later (BNPL) segment, enters the Greek banking market after approval by the Bank of Greece. TBI is one of the fastest growing banks in South-Eastern Europe, with strong presence in Bulgaria and Romania.

/startups

Indian BNPL startup Uni secures $70 million Series A

Fintech startup Uni today announced that it has raised USD 70 mn in Series A round led by General Catalyst, making this one of the largest Series A rounds in the Indian fintech space.

/payments

Mashreq Bank offers BNPL via Visa

In a first for the Middle East and North Africa region, Visa launched a new installments service that will help consumers with eligible UAE-issued Visa cards access “Buy Now, Pay Later” (BNPL) financing for regular purchases at the point of sale when buying goods.

/payments

Butter provides BNPL extension for Opera browser

UK buy now, pay later outfit Butter is to provide an extension to the Opera web browser, enabling desktop shoppers to spread payments on any e-commerce product purchased online.

/payments

Klarna taps GoCardless for bank debit payments in the US

Klarna, a leading global retail bank, payments, and shopping service, today announced that it has chosen GoCardless, a global leader in account-to-account payments, to offer bank debit payments to its over 21 million US customers.

/payments

S-Kreditpartner taps SIA for new BNPL card launch

S-Kreditpartner, a member of the savings banks finance group and one of the leading consumer finance companies in Germany, has chosen SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, to support the launch of its new FlexiGeld card and to contribute to the digitalization of the cardholder’s experience.

/payments

Female users of Klarna spend less and repay sooner

Klarna, a leading global retail bank, payments and shopping service, today revealed new data which challenges popular misconceptions about the company’s consumers.

/payments

Affirm launches cashback rewards

Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced a set of updates to the Affirm App that bring consumers increased flexibility and purchasing power.