BNPL

771 articles tagged with this keyword

/payments

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.

/payments

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.

/payments

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.

/payments

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.

/payments

Citizens Financial rebands POS credit offering as Citizens Pay

Citizens today announced that it has further expanded the reach of its national point-of-sale offering for merchants, which it has renamed Citizens Pay to reflect its proven and straightforward approach to providing businesses with budget-friendly payment options for customers who want a more transparent and predictable way to finance purchases.

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

/retail

BNPL player Uplift secures $68m credit line

Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution serving over 100 of the world's top travel brands, announced today they have secured a new $68 million credit line from Atalaya Capital Management.

/payments

Affirm aims for $9 billion valuation on IPO

Affirm, Max Levchin's buy now, pay later credit card alternative, expects to achieve a valuation of just over $9 billion from its forthcoming IPO on Nasdaq.