BNPL

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AmEx brings BNPL to air travel

/payments

AmEx brings BNPL to air travel

American Express is making a move into a new frontier for the buy now, pay later movement, offering US consumer card members the option to pay for plane flights in instalments.

Clover and PayBright offer Canadian SMEs BNPL option

/payments

Clover and PayBright offer Canadian SMEs BNPL option

Fiserv is joining forces with PayBright to let small businesses in Canada that use the Clover POS platform offer buy now, pay later plans at checkout.

/payments

EML brings Fupay alliance to Europe

EML Payments Limited (ASX: EML) (S&P/ASX 200) continues its evolution as one of the world's most diversified payments and digital banking enablers.

/startups

Fly Now Pay Later raises further £10 million in Series A funding

Defying the downturn in the travel industry, a UK fintech offering consumers a new and more flexible way to finance travel in a post covid-19 world has raised a further £10m ($14m) in Series A funding, bringing its total to £45m ($62m).

/payments

GHL Group’s online payment gateway to offer Visa Instalments to sellers

GHL Systems Berhad has embarked on a partnership with global payments technology company, Visa to be the first in ASEAN to introduce Visa Instalments for clients using its eGHL Payment Gateway platform.

Klarna to double UK headcount

/people

Klarna to double UK headcount

Swedish buy now, pay later giant Klarna has opened a new headquarter office in London and larger premises in Manchester as it prepares to double its UK headcount to 400 staff over the next year.

Barclays sees £900m growth opportunity in payments

/payments

Barclays sees £900m growth opportunity in payments

Barclays has identified payments as a key growth opportunity worth £900 million over three years thank to areas such as merchant acquiring and the BNPL market.

/payments

Zip joins Adobe Exchange Partner Programme

Zip (ASX: Z1P) has strengthened its relationship with Adobe (NASDAQ: ADBE) and furthered the global expansion of Buy Now Pay Later (BNPL) by becoming an Accelerate partner in the Adobe Exchange Partner Program.

/payments

Atome teams with Fomo Pay to expand BNPL acceptance across Asia

FOMO Pay, a leading payment solution provider in Asia, is today announcing a partnership with Atome that will expand seamless buy now pay later acceptance across thousands of online and offline retail businesses in Singapore and across Asia.

/payments

Splitit introduces payment gateway for installment payments

Splitit, a global payment technology company (ASX:SPT), today announced the availability of Splitit Plus, a new service enabling merchants of all sizes to offer payment installments to their customers in minutes.

Afterpay hires advisors for possible US listing

/payments

Afterpay hires advisors for possible US listing

Australian buy now, pay later firm Afterpay is contemplating a US listing following strong growth in North American markets.

Checkout.com leads $110 million debt and equity round in Saudi BNPL startup Tamara

/startups

Checkout.com leads $110 million debt and equity round in Saudi BNPL startup Tamara

Checkout.com has led a $110 million investment round in Saudi Arabian buy now, pay later startup Tamara.

Tinkoff launches Russia's first BNPL payment service

/payments

Tinkoff launches Russia's first BNPL payment service

Russian consumers are to get their first taste of the buy now, pay later phenomenon sweeping neighbouring European markets, courtesy of a new product from digital bank Tinkoff.

/payments

Zip invests in South African BNPL startup Payflex

With international investment in South Africa having drastically reduced, homegrown fintech startup Payflex has scored a significant vote of confidence from an Australian-listed multinational.

BNPL schemes make it easy to spend, but harder to understand the risks

/payments

BNPL schemes make it easy to spend, but harder to understand the risks

A study of the terms & condition of popular buy now, pay later apps finds that they can take up to an hour to read, with important information about financial risks buried in the documents.

Klarna launches carbon footprint insights for 90 million consumers

/sustainable

Klarna launches carbon footprint insights for 90 million consumers

Buy now, pay later giant Klarna is to provide shoppers with carbon footprint calculation tools from Mastercard-backed Doconomy to measure the emissions generated by their purchases.

/retail

Credit Kudos chosen as Open Banking partner for Curve Credit

Credit Kudos, the challenger credit reference agency and Open Banking provider, today announced they have been selected as the Open Banking provider for Curve, the fintech that brings your cards into one smart card and app, for its forthcoming Curve Credit product.

Zilch hits $500 million valuation on $80 million fund raise

/payments

Zilch hits $500 million valuation on $80 million fund raise

The buy now, pay later sector continues to attract investor dollars, with two-year old UK player Zilch the latest to benefit, raising $80 million at a valuation of $500 million.

/payments

UnionPay International to offer instalment payments with Splitit

Splitit, a global payment technology company (ASX:SPT), announces a new global partnership with UnionPay International, part of China UnionPay, the provider of bank card services and a major card scheme in mainland China.

/retail

AfterPay and Adyen join forces

Afterpay (ASX:APT) the leader in "Buy Now, Pay Later", and Adyen, (AMS: ADYEN), the global payments platform of choice for many of the world's leading businesses, are joining forces to offer Afterpay's leading "Buy Now, Pay Later" (BNPL) service to retailers, kicking off with Hunter, the premium British footwear brand.

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