BNPL

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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

/payments

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'

/payments

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

/payments

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.

/payments

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.

/payments

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.

/people

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

/payments

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.

/payments

Affirm teams with Blackhawk Network on gift card purchases

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Blackhawk Network (BHN) - the leading distributor of digital gift cards in the U.S. - have partnered to bring consumers even more choice and flexibility for purchasing gift cards.

Google adds BNPL options to mobile wallet

/payments

Google adds BNPL options to mobile wallet

Google is teaming up with Zip and Affirm to offer buy now pay later options for US consumers shopping with Google Pay.

/payments

Drive Now Pay Later: Klarna brings BNPL to CarTrawler’s 250 partner travel websites

Klarna, the AI-powered payments network and shopping assistant, today announced an agreement with CarTrawler, the leading B2B technology provider of car rental and mobility solutions to the global travel industry.

Motive acquires controlling stake in Splitit Payments

/payments

Motive acquires controlling stake in Splitit Payments

Private equity firm Motive Partners has acquired a controlling stake in Australian-listed BNPL outfit Splitit Payments.

/payments

Airbnb launches Pay Over Time with Klarna in UK

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

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