351 articles tagged with this keyword
News/payments
Klarna is rolling out an "account" where customers can store money and cashback rewards as the Swedish fintech continues to diversify beyond its BNPL roots into more traditional retail banking services.
22 hours
Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.
18 July 2024
Swedish BNPL outfit Klarna is lining up potential financial advisors for a US initial public offering that could happen in the first half of next year, according to the Financial Times.
17 July 2024
White label buy now, pay later player Divido has been declared insolvent.
10 July 2024
The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.
03 July 2024
Klarna is selling its online checkout business to a consortium of investors for around €485 million in order to remove the conflict of interest it created with partners such as Adyen and Stripe.
24 June 2024
With one eye on an IPO in 2025, London-based buy now, pay later firm Zilch has secured £100 million in securitised debt financing arranged by Deutsche Bank (DB).
19 June 2024
New Zealand-based Buy now, pay later lender Laybuy has entered receivership after failing to find a buyer for the ailing business.
18 June 2024
Apple is killing off its buy now, pay later service just a year after launch as it switches its focus to working with third parties for instalment loans.
17 June 2024
Santander's buy now, pay later platform Zinia has been selected by Apple in Germany to provide BNPL installment plans for consumer purchases both online and in person.
11 June 2024
News/regulation
Australia's government is prepping legislation that would require buy now, pay later providers to carry out basic credit checks on new customers.
06 June 2024
The US Consumer Financial Protection Bureau's new rule on buy now, pay later lenders has received a mixed reception from industry players, with Affirm welcoming the outcome but rival Klarna calling it "baffling".
24 May 2024
News/sustainable
Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of buy now, pay later and retail finance products available to Octopus Energy customers across the country.
23 May 2024
Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.
The US Consumer Financial Protection Bureau has ruled that buy now, pay later lenders should be treated in the same way as credit cards.
22 May 2024
Mexican BNPL platform Aplazo has raised $70 million in equity financing, including a $45 million Series B.
15 May 2024
Billed as a game-changer for productivity, up to 90% off Klarna staff are now using generative AI daily, with non-technical groups such as Communications, Marketing, and Legal seeing adoption rates of 92.6%, 87.9%, and 86.4% respectively.
14 May 2024
Buy now, pay later provider Sezzle is gamifying on-time payments with a loyalty programme designed to encourage financial responsibility.
01 May 2024
Card-linked instalment payments platform Splitit has launched FI-PayLater for banks and card issuers.
25 April 2024
Klarna has struck a global deal with Uber, giving users the option of immediate or deferred payments across the ride hailing company's taxi and food delivery services.
24 April 2024
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