BNPL

771 articles tagged with this keyword

/regulation

OCC warns banks on BNPL lending

The Office of the Comptroller of the Currency (OCC) has issued guidance to US banks warning them to make sure that buy now, pay later loans are offered in a "safe and sound" manner.

/payments

Indian BNPL firm ZestMoney shuts down

Indian buy now, pay later firm ZestMoney is shutting down after failing to find a buyer, according to TechCrunch.

/payments

Standard Chartered rolls out BNPL option to consumers across Apac

Standard Chartered is rolling out online and instore buy now, pay later options for credit cardholders across Asia Pacific.

/payments

Klarna targets $1 trillion travel sector with Cathay Pacific tie-up

Klarna, the AI-powered payments network and shopping assistant, has partnered with premium airline Cathay Pacific to offer fairer, flexible payments to travellers in six countries across Europe.

/regulation

Klarna receives UK approval to offer credit and payments products

Klarna has secured approval to offer credit and payments products in the UK ahead of the expiration of a temporary deal arranged in the wake of Brexit.

/BNPL

Marqeta and Credi2 offer instalment capabilities to banks in Europe

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with credi2 to provide an end-to-end instalments platform designed for banks, helping them deliver instalment payments on cards to meet growing consumer demand for more flexible and seamless digital payments experiences.

/payments

Afterpay partners Rokt to expand ads business

Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, today announced its partnership with Afterpay, one of the global leaders in "Buy Now, Pay Later" payment.

/payments

Nexi and Compass forge BNPL pact

Nexi – the European PayTech – and Compass – the consumer credit company part of Mediobanca Group – announce a strategic partnership in the Buy Now Pay Later (BNPL) business.

/payments

Marqeta research finds an estimated 12 million Brits to buy Christmas now, pay later

Research from Marqeta, the global modern card issuing platform, reveals that an estimated 12 million UK consumers (17%) will turn to short term credit instalment plans this Christmas to afford presents and other essential items.

/payments

Klarna adds to retailer marketing and revenue suite

Klarna, the AI-powered global payments network and shopping assistant, today announced the expansion of its growth tools for retailers and creators to help them engage with their audiences in more effective ways and enhance the shopping experience for consumers.

/inclusion

EduFi secures $6.1 million to launch Study Now Pay Later

EduFi launches the first-ever digital student loan platform in Pakistan, on a mission to empower more students to achieve their academic pursuits and tackle the economic challenges facing families in the pursuit of knowledge for their children.

/payments

AtPay taps Pismo for in-store and online payments

Fintech disruptor @Pay (AtPay) has chosen Pismo's cloud-native API-based platform to support its operations in Australia.

/startups

Italian BNPL startup Qomodo raises €34.5m in pre-seed funding

Italian fintech Qomodo has raised €34.5m in a seed funding round led by Fasanara Capital.

/payments

Klarna lays groundwork for IPO; avoids strike

Klarna is setting up a UK holding company ahead of a widely-expected initial public offering. Separately, the BNPL giant has struck a collective agreement with Swedish workers to head off a strike.

/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.

/payments

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.

/payments

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.

/payments

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.