BNPL

724 articles tagged with this keyword

/payments

One-fifth of UK public chose a BNPL payment method in 2020

Leading independent economic consultancy Capital Economics has today released findings from its latest report - BNPL and The New Economic Landscape - highlighting the benefits of Buy Now Pay Later (BNPL).

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BNPL outfit Zip partners BigCommerce

Leading Buy Now, Pay Later (BNPL) provider Zip (ASX: Z1P) today announced the company has been selected by BigCommerce (NASDAQ: BIGC) as an Elite Partner.

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ThinkSmart basks in the glow of BNPL boom

AIM-listed digital payments business ThinkSmart is reporting a 237% uplift in trading performance for the first half as it realises the value of its remaining ten percent holding in buy now, pay later firm ClearPay.

/payments

Apexx Global offers merchants a pick'n'mix suite of BNPL products

Global payment platform Apexx is to offer merchants a choice of multiple buy now, pay later options from disparate players via a new Agreggatior product.

/BNPL

Australian Finance Industry Association introduces voluntary code of practice for BNPL sector

The Australian Finance Industry Association (AFIA) is pleased to announce that its Code of Practice for the Buy Now Pay Later (BNPL) sector has come into effect today.

/payments

Affirm unveils BNPL debit card

Max Levchin's BNPL outfit Affirm is launching a debit card that lets users pay for purchases over time.

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BNPL expected to double market share in UK e-commerce within the next four years

Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.

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Basiq brings Open Banking to bear on consumer BNPL debt

Basiq, a NAB, Westpac, Salesforce and Plaid-backed open banking platform, is introdocuing a new feature for lenders to aggregate outstanding consumer loans, including buy now, pay later debt, to get more visibility into customer liabilities.

/payments

Discover tie up boosts acceptance of BNPL from Sezzle

Discover, a digital banking and payments services company, and Sezzle, Inc. (ASX:SZL), an installment payment platform, have announced an agreement that will allow Sezzle to work with selected merchants on the Discover Global Network in offering consumers additional payment options.

/payments

Worldline and Klarna extend collaboration across Europe

Klarna, the leading global payments and shopping service, today announces a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants.

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PSCU to pilot installment payment tech with credit unions

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced it will soon offer a new Installment Payments solution.

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Splitit secures $150m facility from Goldman Sachs

Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business.

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Klarna reports strong US growth

Klarna, the leading global payments provider and shopping service, today announced it is continuing to see tremendous momentum in the US, including a record 15 million customers overall to kick off 2021.

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FCA to regulate BNPL sector as Brits struggle to pay back Christmas spending

The UK's Financial Conduct Authority is to introduce new rules for buy now, pay later firms amid mounting fears of a growing debt burden for cash-strapped shoppers.

/startups

BNPL player Scalapay raises $48m

Scalapay, a third-party payments outfit that lets customers buy, now, pay later, has raised $48 million in a seed funding round led by Fasanara Capital.

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Synchrony to acquire Allegro Credit

Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit, a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments.

/startups

French BNPL player Alma raises EUR49m

French buy now, pay later outfit Alma has raised €49 million in a Series B funding round joined by Cathay Innovation and Idinvest.

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Australia's Zip invests in Czech BNPL player Twisto

Czech buy now, pay later app Twisto has raised €16 million in a funding round led by Australian BNPL player Zip and Elevator ventures.

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Fintech unicorn dLocal partners with lending platform Dinie to bring Pay Later to Brazilian SMEs

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, today announced a new partnership deal with Dinie to allow global merchants to offer installment payments to their customers in Brazil as a form of small business lending.

/payments

UK Government votes down bill to regulate BNPL firms

The UK Government has voted down a bill supported by 70 MPs to regulate buy now, pay later firms like Klarna, Laybuy and Clearpay.