BNPL

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/payments

Amazon extends Affirm BNPL option to B2B store

Today, Amazon (NASDAQ:AMZN) and Affirm (NASDAQ: AFRM) announced an expanded partnership that makes Affirm the first pay-over-time option available at checkout on Amazon Business, a business-to-business (B2B) store that helps businesses of all sizes digitize and automate procurement with powerful management controls and analytic tools—all within the familiar experience of Amazon.

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Middle Eastern BNPL platform Tabby raises $200 million

UAE-based buy now, pay later player Tabby has secured $200 million in Series D funding at a $1.5B valuation, making it the Mena region's first fintech unicorn head of a planned IPO in Saudi Arabia.

/payments

Zilch secures eBay investment

London-based buy now, pay later outfit Zilch has received an investment from e-commerce giant eBay at a $2 billion valuation.

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More than a quarter of Brits using BNPL - FCA

As new research shows that more than a quarter of Brits have used BNPL in a six-month period, the FCA has agreed deals with two firms - PayPal and QVC - to make their contract terms easier to understand.

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BMO to offer credit cardholders Visa Installments

Today, Visa and BMO announced a new collaboration to provide eligible BMO credit cardholders access to Installments, enabled by Visa.

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Swedish unions threaten Klarna strike

BNPL giant Klarna is facing a possible strike by employees at its Swedish headquarters next month.

/payments

US Bank launches POS lending tech

US Bank has launched an embedded, multi-channel point-of-sale lending platform that lets firms offer customers financing at the checkout.

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Ingenico and embedded lending platform Jifiti form global alliance

Ingenico, the global leader in payment acceptance solutions, joins forces with Jifiti, the global-leading fintech in white-labeled embedded lending, in a landmark worldwide alliance.

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Airbnb launches Pay Over Time with Klarna in Ireland

Airbnb and Klarna have joined forces to launch Pay Over Time with Klarna, a new way for guests in Ireland to spread the cost of their reservation.

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Hokodo and Balance collaborate on global payment terms

Hokodo, headquartered in Europe, and Balance, based in the United States, are announcing today a first-of-its-kind partnership that will redefine the global payment terms landscape and create new opportunities for B2B buyers and sellers.

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B2B BNPL player Mondu registers with FCA and goes live in UK

Berlin-based B2B buy now, pay later startup Mondu has formally registered with the Financial Conduct Authority (FCA) and will begin working with 16 British clients immediately

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One in three British adults using BNPL

Clearpay, a leader in Buy Now, Pay Later (BNPL), has today published research revealing that BNPL use is rising across all age groups, with 30% of British adults using the service to make at least one payment over the 12 months ending August 2023.

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Marqeta inks deal with European BNPL firm Scalapay

Marqeta has reached an agreement with Southern European BNPL provider Scalapay to use its platform to issue cards both online and in-store.

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Zilch unveils new credit scoring platform

Zilch, the UK-headquartered multi award-winning ad-subsidised payments network, today proudly unveils Zilch Up - a revolutionary product dedicated to empowering people typically excluded from mainstream credit.

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Goldman Sachs to take Q3 earnings hit on GreenSky sale

Goldman Sachs has agreed to sell BNPL-based home improvement lender GreenSky to a a consortium of institutional investors led by Sixth Street. Terms of the deal were not disclosed but the sale will lead to a 19-cent-per-share hit to Goldman's third-quarter earnings.

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Kenyan BNPL player EDOMx taps finbots.ai for credit risk management

EDOMx, a Delaware entity with Kenyan operations with a vision to enhance impact-based and thoughtful consumer credit, announced signing an agreement with Singapore-headquartered B2B SaaS FinTech, finbotsAI, to enable credit risk management using AI.

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Galileo expands BNPL coverage with Mastercard partnership

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced today that its Galileo Buy Now, Pay Later (BNPL) offering is now available for lenders to offer it as a service for their small business clients (SMBs).*

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Flutterwave cultivates technology talent pipeline in Nigeria with Capgemini support

Flutterwave, Africa’s leading payments technology company, today announced its plan to launch an inaugural Engineering Mobility Program in India with the support of Capgemini, a global leader in business and technology transformation services.

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Over a third of Gen Z use BNPL schemes once a month

Pay.UK, owner and operator of the Current Account Switch Service, today publishes research revealing that the majority of Gen Z wish they had received more financial education at school.

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Episode Six launches Business Now, Pay Later

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announced the launch of Business Now, Pay Later.