BNPL

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Atome upgrades back-end infrastructure with OceanBase

OceanBase, a leading provider of multi-cloud distributed database systems, today announced a collaboration with Atome, Southeast Asia's largest buy-now-pay-later provider and a comprehensive provider of digital financial services, to enhance its backend infrastructure to drive higher performance, scalability, and security.

/payments

Montonio and Inbank bring BNPL to Latvia

Montonio, a leading provider of online payment and checkout solutions, today announced the expansion of its partnership with Inbank to deliver Buy Now, Pay Later (BNPL) in Latvia and Hire Purchase solutions in Latvia and Lithuania.

/payments

Temu taps Atome for payment checkout in Malaysia

Global ecommerce platform Temu is teaming up with Atome, Southeast Asia’s leading digital financial services platform, to allow its customers to select Atome as their preferred flexible payment method during checkout on Temu.

/payments

Nexi and Klarna expand partnership

Nexi, the European PayTech, serving millions of merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have expanded their relationship into a global partnership.

/retail

Klarna to be rolled out in 600 Euronics stores across UK

Klarna, the AI-powered payments and commerce network, and Combined Independent Holdings (CIH), the electrical buying group that is the UK arm of Euronics, Europe's largest electrical buying group, have partnered to bring Klarna to Euronics.co.uk— with plans to roll out Klarna in up to 600 Euronics stores across the UK.

/payments

Affirm and Shopify bring partnership to Canada

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced an expanded global agreement.

/payments

Klarna to bring flexible payments to car subscription market

Klarna, the AI-powered payments and commerce network, has launched its flexible payment methods into the car subscription market thanks to a new agreement with Munich-based car subscription start-up FINN.

/payments

Indie Ridge joins forces with Kriya & Stripe to launch B2B BNPL

Yonder, the rewards credit card for modern explorers, has partnered with Griffin, the UK’s leading bank for fintechs.

/payments

Jazari selects Bud Financial for new remittance platform

Bud Financial (“Bud”), the AI-powered financial data platform for banks, today announced that Jazari, a global Remit (Send) Now, Pay Later platform, has selected its platform to enhance their ability to offer seamless access to credit and a more efficient remittance process.

/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

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

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

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.

/BNPL

Klarna now available at checkout on Apple Pay in-app and online in Canada

Klarna, the AI-powered global payments network and shopping assistant, is now available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later.

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