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Citi taps ChargeAfter for POS instalment loan product

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Citi taps ChargeAfter for POS instalment loan product

Citi Retail Services has picked technology from embedded lending platform ChargeAfter to power its products that let merchants offer credit and instalment loans at the point of sale.

NextGen Nordics 2024: Payments is ready for a refresh

/payments

NextGen Nordics 2024: Payments is ready for a refresh

Finextra is heading back to Stockholm to delve into the most important topics in the Nordic banking world at our NextGen Nordics 2024 conference on the 23rd of April.

/payments

Inbank turns to Montonio for BNPL offering in Estonia

Inbank has entered into an exclusive partnership with Montonio, a leading provider of checkout solutions in Estonia.

Klarna directs users to financial management tools with revival of Money Story

/payments

Klarna directs users to financial management tools with revival of Money Story

Without any trace of irony, Klarna is reviving a feature which enables customers to look back on their personal spending history over the past year and get nudges to better money management tools in the app.

/payments

Italian fintech Opyn on the hunt for M&A opportunities

Opyn, leading Italian Lending-as-a-Service platform, scales up in the European Union, Switzerland, and the UK with its proprietary Buy Now Pay Later solution for B2B, Opyn Pay Later, and targets M&A opportunities.

Amazon Mexico adds Kueski BNPL payment option

/payments

Amazon Mexico adds Kueski BNPL payment option

Amazon has added buy now, pay later outfit Kueski as a payments option for shoppers in Mexico.

Mondu plots European expansion

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Mondu plots European expansion

Berlin-based B2B buy now, pay later startup Mondu is set to expand across Europe after securing €30 million in debt financing from Vereinigte Volksbank Raiffeisenbank.

/payments

Klarna enters booming subscription market with the launch of Klarna Plus in the US

Klarna, the AI powered global payments network and shopping assistant, today announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app for a monthly fee of $7.99.

Klarna CEO says US IPO could come 'quite soon'

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Klarna CEO says US IPO could come 'quite soon'

It is "very likely" that Klarna will launch a stock market listing in the US "quite soon", according to CEO Sebastian Siemiatkowski.

/payments

Synchrony to acquire Ally Financial's point-of-sale financing business

Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.

Varengold Bank invests in Dutch BNPL firm Billink

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Varengold Bank invests in Dutch BNPL firm Billink

Germany's Varengold Bank has invested €29.5 million in Dutch buy now pay later fintech Billink.

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DMI snaps up ZestMoney platform

The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.

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Tamara BNPL service integrates with Paymob gateway

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.

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Sequoia partner Matt Miller appointed to Klarna board

Klarna, the AI powered global payments network and shopping assistant, announced today Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB.

Quarter of UK BNPL users charged late fees

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Quarter of UK BNPL users charged late fees

Nearly a quarter of Brits that have used buy now, pay later services have been charged late payment fees, according to a survey for education charity the Centre for Financial Capability.

/retail

Creditspring research reveals BNPL used to afford Christmas

Rising costs forced young people to use buy now, pay later (BNPL) to afford Christmas this year as a quarter (23%) of young people* admitted they were planning on buying their Christmas dinner this year using BNPL, according to new research from responsible lender, Creditspring.

Tabby secures $700 million debt facility and $50 million Series D extension

/payments

Tabby secures $700 million debt facility and $50 million Series D extension

UAE-based buy now, pay later player Tabby has secured $700 million in debt financing from JPMorgan and extended its series D round to $250 million.

Walmart brings BNPL payments to self-checkout kiosks with Affirm

/payments

Walmart brings BNPL payments to self-checkout kiosks with Affirm

Walmart has struck a deal with Affirm to offer buy now, pay later options at self-checkout kiosks at over 4500 US stores.

Saudi BNPL player Tamara achieves unicorn status on $340 million funding round

/payments

Saudi BNPL player Tamara achieves unicorn status on $340 million funding round

Buy now, pay later startup Tamara has become Saudi Arabia's first home-grown fintech unicorn with a $340 million funding round.

/people

Flutterwave strengthens risk, compliance and partnership teams

Flutterwave, Africa's leading payments technology company, is excited to announce the appointment of several seasoned leaders from prominent financial services companies, including PayPal, Stripe, American Express, First Data, Western Union, and Square.

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