BNPL

785 articles tagged with this keyword

/payments

Decta payments gateway opens the door to Klarna

DECTA is excited to announce the integration with Klarna, a global leader in flexible payment solutions.

/payments

Fico to add BNPL data to credit scores

Following a year-long study with Affirm, Fico is planning to add buy now, pay later data to its credit scores.

/retail

Fintech Cushion shuts down

Cushion, an app that helped Americans negotiate bank and credit card fees to get refunds, has shut down.

/regulation

Australia tells BNPL providers to apply for credit licences

Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.

/payments

Visa and DealMe team on cross-border instalment payments

Visa has joined forces with fintech DealMe to let Vietnamese shoppers visiting South Korean pay for purchases using card instalment payments.

/payments

Affirm and Liberty Mutual Investments expand capital partnership

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Liberty Mutual Investments (“LMI”), the investment firm of the Liberty Mutual Group of Insurance Companies (“LMIG”), announced the upsize of their forward flow loan purchase program. Over the program term through June of 2027, LMI will purchase Affirm’s installment loans on a forward flow basis, in amounts up to $750 million outstanding.

/payments

Dutch government seeks to stop BNPL hitting the high street

The Dutch government has moved to stop the spread of buy now, pay later services onto the high street, asking Klarna to reconsider its plans to move into physical stores.

/startups

Italy's Qomodo raises €13.5m to bring BNPL to the high street

Qomodo, an Italian startup that helps physical merchants offer their customers BNPL payment options, has raised €13.5 million in Series A funding.

/payments

Amazon to buy Indian BNPL firm axio

Amazon has agreed to acquire Indian buy now, pay later firm axio in a deal reported to be worth more than $150 million.

/payments

Half of UK BNPL users unaware of late fees

Just half of BNPL users in the UK are aware of late payment fees, with even fewer knowing how much these fees might be, according to research for the LSB (Lending Standards Board).

/payments

Klarna in talks to sell US loans - FT

Klarna is in talks with banks about selling a portfolio of US "Pay in 4" instalment loans ahead of its planned IPO, according to the Financial Times.

/payments

Klarna doubles number of new merchants in Q1 thanks to Stripe integration

Klarna, the AI-powered global payments network and shopping assistant, has strengthened its global partnership with Stripe, a financial infrastructure platform for businesses.

/payments

CFPB research reveals heavy BNPL usage among consumers with high credit sccores and multiple loans

Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in 2022, with most of those consumers having subprime or deep subprime credit scores.

/payments

Zilch embarks on lastminute travel trip

Buy now, pay later provider Zilch has signed a white label travel payments deal with lastminute.com, enabling ustomers to search, book and pay for holidays in the Zilch app.

/payments

Klarna to become default payment option for merchants using WooPayments

Klarna, the AI-powered global payments network and shopping assistant has expanded their partnership with Woo, the flexible, open-source ecommerce solution built on WordPress, by making Klarna a default payment option for merchants using WooPayments.

/payments

Adyen and Affirm extend partnership to Canada

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it has expanded its partnership with Adyen, the global financial technology platform of choice for leading businesses.

/payments

Affirm strikes $4bn loan deal with Sixth Street

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Sixth Street, a leading global investment firm, today announced that they have entered into a long-term capital partnership whereby Sixth Street through its Asset Based Finance platform will invest up to $4 billion by purchasing Affirm loans in a unique AssetCo structure pursuant to a three year, forward flow agreement.

/payments

Equipifi and Synergent expand BNPL access to credit unions

equipifi, the leading Buy Now, Pay Later (BNPL) platform for financial institutions, announced its partnership with Synergent, a managed services provider and strategic host of Jack Henry Symitar core processing.

/payments

EBay expands Klarna partnership

eBay and Klarna, the AI-powered global payments network and shopping assistant, have announced the expansion of their strategic partnership to key European markets making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay shoppers.

/payments

Slope taps Marqeta to power BNPL card

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced its customer Slope, powering the Slope Card and enabling low interest Buy Now, Pay Later (BNPL) loan options for its commercial customers.