351 articles tagged with this keyword
News/payments
Research from Adobe Analytics has found that the use of Buy Now Pay Later (BNPL) by UK consumers has risen 10.7% compared to January 2022.
09 February 2023
News/people
BNPL platform Affirm announced it has cut 19% of its workforce, amounting to 500 employees.
Australian BNPL operator Openpay has gone into receivership, laying off 80 employees, just days after announcing record quarterly results.
08 February 2023
London-based BNPL unicorn Zilch has formed a partnership with StepChange, integrating the debt advice charity's tools into its platform.
07 February 2023
Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.
03 February 2023
Sydney-listed buy now, pay later player Zip is forecasting to hit break-even by the end of the year after significantly downsizing its operations to reduce cash burn.
25 January 2023
Klarna has taken a leaf out of Spotify's playbook with the launch of Money Story, a a personal summary of 2022 that provides consumers with useful insights into their spending habits
News/startups
Tranch, a buy now, pay later platform for SaaS sellers and services providers, has raised $100 million in seed equity and debt funding.
24 January 2023
Berlin-based B2B buy now, pay later startup Mondu has raised a $13m Series A extension led by Valar Ventures alongside FinTech Collective, bringing total funding from the round to $56 million.
12 January 2023
Allianz Trade, Santander Corporate and Investment Banking and Two have partnered to develop a new B2B BNPL package dedicated to large multinational corporates.
09 January 2023
News/sustainable
Klarna is using data sourced from Clarity AI to promote environmentally conscious brands to its global network of more than 150 million active shoppers.
19 December 2022
Walmart-backed fintech One is planning to launch a buy now, pay later product, according to CNBC.
13 December 2022
All-in-one card and financial app Curve has secured a $1 billion credit line from Credit Suisse to support its instalment transaction product Curve Flex as it scales across the UK, the EU and the United States
06 December 2022
BNPL giant Klarna is forecasting that it will hit profitability on a monthly basis next year despite a doubling of losses in the third quarter.
30 November 2022
Bank of Montreal is rolling out a digital credit card instalment plan that lets shoppers split their purchases into interest-free monthly payments.
29 November 2022
London-based BNPL unicorn Zilch is preparing to axe up to ten percent of its workforce just months after securing an additional $50m in funding.
28 November 2022
Experian has been appointed to operate Singapore's buy now, pay later credit bureau, providing firms with creditworthiness checks on consumer BNPL debt.
24 November 2022
NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.
23 November 2022
Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.
14 November 2022
Klarna's push to create an all-pupose shopping app has been boosted further with the inclusion of a price comparison tool for the cost-conscious consumer.
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