BNPL

351 articles tagged with this keyword

/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.

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Amazon Mexico adds Kueski BNPL payment option

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

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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.

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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.

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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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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.

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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.

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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.

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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.

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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.

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Motive acquires controlling stake in Splitit Payments

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

/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.

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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.

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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.

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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.

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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.

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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.

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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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Swedish unions threaten Klarna strike

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