BNPL

351 articles tagged with this keyword

/retail

NextGen Nordics: Managing innovation risk with regulation and education

Rounding out the NextGen Nordics’ afternoon sessions, Anna Milne, editor at Finextra, took to the stage for a fireside chat with Einar Eidsson, product director, for buy-now-pay-later (BNPL) provider, indó iceland.

/payments

Amazon Pay rolls out Citi Flex Pay to give credit card users instalment option

Citi credit card holders can now pay in instalments when using Amazon Pay during checkout at thousands of online shopping sites.

/retail

Klarna unveils AI-powered personalised shopping feed

Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.

/payments

NextGen Nordics 2023: the future of AI in BNPL

NextGen Nordics has returned to Stockholm on 25 April 2023, with a wide range of speakers discussing topics such as P27, cross border payments, open banking, CBDCs, digital assets and Web 3.0.

/payments

Goldman Sachs mulls sale of $2.1bn BNPL business Greensky

Goldman Sachs is mulling the sale of its buy now, pay later-based home improvement lender Greensky as it continues its retreat from the consumer finance market.

/payments

PhonePe backs out of ZestMoney acquisition - report

Walmart-backed Indian mobile payments giant PhonePe has ditched a planned acquisition of BNPL player ZestMoney over due diligence concerns, according to the Economic Times.

/payments

Apple Pay Later launches

Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.

/payments

NextGen Nordics 2023: Speakers announced!

NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.

/payments

Berlin B2B buy now, pay later outfit Mondu launches in the UK

Berlin-based B2B buy now, pay later startup Mondu is opening an office in London and hiring a UK-based sales team.

/startups

Saudi BNPL startup secures Goldman Sachs funding

Tamara, a fintech startup based in Saudi Arabia, has secured a $150 million debt facility in its latest fundraising round.

/payments

BNP Paribas moves into B2B BNPL with Hokodo

BNP Paribas is moving into the B2B buy now, pay later space through a partnership with fintech Hokodo.

/payments

Scalapay acquires Italian payment institution Cabel IP

BNPL unicorn Scalapay has acquired Italian payment institution Cabel IP to boost growth across Europe.

/payments

BNPL platform Affirm quits Australia

A month after laying off 19% of its workforce, American buy now, pay later platform Affirm is quitting the Australian market.

/payments

Sezzle pulls back from the brink; reports profitable fourth quarter

While Klarna posts eye-popping losses of $1 billion for 2022, US BNPL rival Sezzle exits the year on a profitable note, reporting a 16% jump in total income to $38.3 million.

/payments

Klarna reports $1 billion loss

Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021.

/payments

Klarna UK to introduce charges for late payments

Klarna is to begin charging late payment fees to UK customers in a bid to curb loan defaults as more users turn to buy now, pay later services to budget their way through the cost of living crisis.

/payments

Klarna appears to have finally cracked the US market

Klarna's long-standing ambition to crack the American market appears to be finally coming good, with the US now representing its biggest revenue-generating stream globally.

/payments

Zopa snaps up DivideBuy

Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.

/payments

Westpac gives credit cards a BNPL twist

Westpac has developed a novel twist on the buy now, pay later concept, giving credit card customers the opportunity to pay off their bills in four instalments

/regulation

UK Government opens BNPL consultation

The UK Government has launched its long-anticipated consultation on rules to crack down on the unrelegulated buy now, pay later sector.