BNPL

724 articles tagged with this keyword

/payments

Pine Labs nabs $100 million investment from Invesco

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $100 million investment from Invesco's Developing Markets Fund

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Fintex Capital unveils buy now, pay later facility for SMEs

Fintex Capital, the fintech investment firm dedicated to alternative credit, today launches an innovative suite of buy-now-pay-later (BNPL) lending products aimed at established businesses seeking smart and cost-efficient debt financing and new avenues of growth.

/payments

Australians show strong appetite for BNPL, according to survey

A survey conducted by Marqeta has shown that three in four Australians have increased their use of buy now pay later (BNPL) products during the pandemic, making them the global leader in BNPL adoption when compared the UK and US.

/payments

Curve joins BNPL scramble

All-in-one card fintech Curve has become the second UK firm this week, after Monzo, to launch a buy now, pay later service called Flex.

/payments

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

/payments

BNPL users increasingly anxious about debt burden

Marqeta (NASDAQ: MQ), the global modern card issuing platform, has today released a new report highlighting how the economic stress of the pandemic has increased the popularity of credit cards and flexible payment options – such as Buy Now Pay Later (BNPL).

/retail

Goldman Sachs to buy home improvement lender Greensky for $2.24 billion

Goldman Sachs is buying digital lender Greensky for $2.24 billion as part of its push into the consumer finance market.

/BNPL

BNPL player DivideBuy secures £300 million lending facility

Leading buy now pay later (BNPL) provider, DivideBuy, has secured a £300 million lending facility as it continues its stellar growth trajectory.

/payments

ThinkSmart thrives on Clearpay holding

ThinkSmart Limited (AIM: TSL), the specialist digital payments business with a 10%(1) equity shareholding in Clearpay Finance Ltd (“Clearpay”), today announces its results for the year ended 30 June 2021 (the “year” or “FY21”).

/payments

2C2P partners with Atome to expand BNPL acceptance across Southeast Asia

2C2P, a global payments platform, today announced a partnership with Atome, Asia’s leading ‘Buy Now Pay Later’ (BNPL) brand, to facilitate BNPL acceptance among businesses within the region.

/payments

Monzo makes BNPL move

UK digital challenger Monzo is the latest to jump aboard the increasingly crowded buy now, pay later train.

/payments

Addi raises $75m to bring BNPL to Latin America

Bogota-based Addi has raised $75 million in an extension f its Series B funding round led by Greycroft.

/payments

PayPal agrees $2.7bn deal to buy Japanese BNPL firm Paidy

PayPal has struck a deal to buy Japanese buy now, pay later firm Paidy for around $2.7 billion, mainly in cash.

/retail

Emerchantpay: Digital wallets to account for £11bn in online spending by 2026

Today, leading global payment service provider, emerchantpay, publishes the fourth and final instalment of its New World, One Market Report, which examines consumer behaviour post-pandemic. The latest chapter reveals stark differences in attitudes to payments between generations, and also sheds light on the potential economic contribution of trends such as subscriptions and cryptocurrency payments.

/inclusion

Egypt’s fintech ecosystem MNT-Halan announces $120m investment

International (DPI), and Lorax Capital Partners. In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech. This round of investment demonstrates confidence in the fintech opportunity in Egypt and further institutionalizes the capitalization table of MNT-Halan. Previous investors of MNT-Halan have included GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, Egypt Ventures, Battery Road Digital Holdings, and Shaka VC.

/payments

Klarna bids to lure customers with 'Karnival of Retail Wonders' at the Mighty Hoopla Festival

Klarna, the leading payments and shopping service, will be hosting its own Karnival of Retail Wonders at this year’s Mighty Hoopla Festival bringing retail to life through a carnival experience of games and mega prizes.

/payments

Debt collection: The hidden downside of BNPL

One in 10 Buy Now Pay Later shoppers have been chased by debt collectors, rising to one in eight young people, Citizens Advice is warning.

/wholesale

Funding Circle launches BNPL product for business loans

Small business lender Funding Circle has launched its first payment facility, FlexiPay, empowering customers with the ability to buy now pay later on any expense.

/payments

Zip sets sights on Africa with acquisition of Payflex

ASX-listed Zip is to fully acquire South African buy now pay later (BNPL) fintech Payflex as part of its global expansion plans.

/payments

LayBuy launches BNPL app

Buy now, pay later outfit Laybuy is launching an app that lets UK shoppers pay in instalments at some of the world's biggest brands, including Amazon, eBay, Asos and Nike.