BNPL

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Klarna and Global-e expand partnership across US, UK, France, Spain, Italy and Australia

larna, the leading global retail bank, payments, and shopping service, and Global-e (NASDAQ: GLBE), the world's leading cross-border e-commerce platform, today announced an expanded partnership to offer flexible payment options to consumers across the US, UK, France, Spain, Italy, and Australia.

Ikea owner invests in BNPL firm Jifiti

/payments

Ikea owner invests in BNPL firm Jifiti

The owner of Swedish furniture retail giant Ikea has paid $22.5 million for a minority stake in white label buy now, pay later player Jifiti.

Amazon partners Affirm to offer customers BNPL option

/payments

Amazon partners Affirm to offer customers BNPL option

Amazon has teamed up with Affirm to offer its US customers a buy now, pay later option at the checkout.

Indonesian BNPL giant Kredivo enters Vietnamese market

/retail

Indonesian BNPL giant Kredivo enters Vietnamese market

Kredivo has today revealed its market entry into Vietnam through a Joint Venture with family investment office Phoenix Holding.

Money.co.uk slams Klarna over BNPL versus credit card claims

/payments

Money.co.uk slams Klarna over BNPL versus credit card claims

Financial comparison site money.co.uk has launched a stinging riposte to claims from buy now, pay later firm Klarna that it offers a fairer and more equitable platform for consumer spending than credit cards.

Afterpay introduces in-app ads

/payments

Afterpay introduces in-app ads

AfterPay, the Australian BNPL giant being acquired by Square, has launched a suite of advertising products for brands it works with.

Klarna hits 20m American users

/payments

Klarna hits 20m American users

Swedish BNPL giant Klarna is conquering America, doubling its US customer base in the last 14 months to 20 million.

/startups

Clearpay launches analytics platform for merchants

Today Clearpay, a leader in “Buy Now, Pay Later” payments (known as Afterpay (ASX: APT) outside the U.K. and Europe), introduced its new merchant analytics platform, Clearpay iQ. With this powerful new tool, brands gain access to valuable customer-centric analytics to help optimise investment and drive growth.

/startups

Indian fintech startup Uni introduces Pay 1/3rd card

Fintech startup, Uni which is aiming to bring a range of differentiated credit products for Indian consumers, today announced the launch of its paylater card Pay 1/3rd.

/payments

I2c collaborates with Visa on APIs for buy now, pay later payments

i2c, a leading global provider of payments processing technology and digital banking solutions, today announced they are working with Visa, the world’s leader in digital payments, to launch point of sale installments capabilities for their participating issuers in North America.

Argentina's Ualá hits $2.45bn valuation on funding round

/startups

Argentina's Ualá hits $2.45bn valuation on funding round

Fintech outfit Ualá has raised $350 million at a $2.45 billion valuation in the largest private investment round ever for an Argentine company.

Zilch acquires US lender NepFin

/payments

Zilch acquires US lender NepFin

London BNPL player Zilch has acquired US debt funding platform Neptune Financial to fast-track its launch stateside.

Global fintech investment rebounds to hit $98bn in H1

/crypto

Global fintech investment rebounds to hit $98bn in H1

Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.

/payments

Klarna's Australian venture gets big boost from CBA

To help support and boost growth for Australian retailers, Klarna, a leading global payments and shopping service, and the Commonwealth Bank of Australia have announced zero Klarna merchant fees for the first six months for CBA merchants who integrate with Klarna online or in-store.

Scotiabank converts credit card repayments into BNPL instalment plans

/payments

Scotiabank converts credit card repayments into BNPL instalment plans

Canada's Scotiabank is converting credit card repayments into buy now, pay later plans, with the option to pay off debt in three, six or 12-month fixed instalment payments.

/payments

Klarna signs global deal with luxury label Yoox Net-A-Porter

YOOX NET-A-PORTER GROUP, the world leader in online luxury and fashion, has today announced an international partnership with Klarna, a leading global retail bank, payments and shopping service.

NAB to buy Citi's Australian consumer business for $1.2 billion

/payments

NAB to buy Citi's Australian consumer business for $1.2 billion

NAB is to buy Citigroup's Australian consumer operations for $1.2 billion in a deal that will double the lender's credit card business.

/people

Vyne appoints Luke Flomo from LayBuy as chief revenue officer

Vyne, the account-to-account payments provider for merchants, has today announced the appointment of Luke Flomo as its new Chief Revenue Officer.

Indonesian BNPL giant Kredivo to go public via Spac merger

/retail

Indonesian BNPL giant Kredivo to go public via Spac merger

The owner of Indonesian buy now, pay later platform Kredivo is set to go public in a $2.5 billion merger with a special purpose acquisition company sponsored by Victory Park Capital.

Square to acquire Afterpay for $29 billion

/payments

Square to acquire Afterpay for $29 billion

Square is to acquire Australian buy now, pay later firm Afterpay for $29 billion.

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