BNPL

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Caixabank enables Apple Pay installment payments in Spain

/retail

Caixabank enables Apple Pay installment payments in Spain

CaixaBank Payments & Consumer, a specialist consumer financing and payment methods subsidiary, tackles card payments in the Iberian market, with a fleet of more than 34 million cards, more than 16 million customers and a share of 31% in invoicing purchases.

Klarna set to revive IPO

/payments

Klarna set to revive IPO

After pausing plans for its US initial public offering amid market turbulence in the spring, Klarna will restart the process next month, according to Reuters.

/payments

Walmart Canada installs Klarna BNPL at the checkout

Klarna, the global digital bank and flexible payments provider, announced today the nationwide rollout of its in-store payment solutions across Walmart Canada’s network of 400+ stores, making Walmart Canada the largest retailer in the country to offer Klarna’s flexible payments options.

/retail

Klarna secures EUR1.4bn structured financing facility with Santander

Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender.

Klarna to sell $26bn of US BNPL loans

/payments

Klarna to sell $26bn of US BNPL loans

Klarna has agreed to sell up to $26 billion of US buy now, pay later loans to student loan giant Nelnet.

Klarna reports Q2 losses amid US expansion plans

/markets

Klarna reports Q2 losses amid US expansion plans

Swedish buy now pay later (BNPL) platform Klarna prepares for its New York listing, despite reporting a net loss in Q2.

/startups

Bumper raises $11m for car servicing BNPL platform

Bumper, the leading Buy Now, Pay Later (BNPL) platform for car servicing and repairs, has raised an additional $11 million in equity investment.

Google partners Wise to make remittances more accessible

/payments

Google partners Wise to make remittances more accessible

Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.

/payments

Klarna plugs in to WooCommerce

Klarna, the global flexible payments provider and digital bank, has expanded its footprint in ecommerce through a new enablement via the Stripe for WooCommerce integration.

/payments

Clearpay introduces customer-controlled spend cap feature

Clearpay Spend Cap is the newest in-app feature from the Buy Now Pay Later leader, giving users control to set a personal spending limit. This responsible spending tool aligns with consumer demand for flexible, interest-free payment options.

/payments

BNPL outfit Sunbit closes $200m ABS transaction

Sunbit, the company building financial technology for real life, today announced the successful completion of its inaugural asset-backed securitization (ABS), a $200 million notes offering that achieved a AA rating for the senior tranche and priced at an all-in fixed yield of 5.713%.

/payments

Klarna delinquency rates drop

Klarna, the global digital bank and flexible payments provider, today announced a continued improvement in repayment performance among its extensive consumer base of 100 million.

Klarna considers autumn IPO revival

/markets

Klarna considers autumn IPO revival

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

/payments

ClarityPay achieves profitability, raises growth capital

ClarityPay, a provider of configurable pay over time plans that help merchants convert shoppers into customers, announced today the closing of an equity round led by TTV Capital with participation from Vesey Ventures.

/payments

Splitit partners Antom

Splitit, the only embedded white-label platform that enables card-linked installment payments using consumers’ existing credit, and Antom, a leading provider of merchant payment and digitization services under Ant International, today announced a strategic partnership aimed at empowering merchants with a new, frictionless installment payment option.

Samsung Wallet adds in-store instalment payments

/payments

Samsung Wallet adds in-store instalment payments

Samsung has teamed up with Splitit to let users of its mobile wallet use their existing credit to split in-store payments into instalments.

/payments

Mondu adds pay now element to BNPL product suite

Mondu, the fast-growing B2B Fintech, has launched Pay Now, an account-to-account (A2A) instant payment solution for B2B e-commerce.

FCA sets out BNPL oversight proposals

/regulation

FCA sets out BNPL oversight proposals

The UK's Financial Conduct Authority has provided details of its plans to bolster protections for buy now, pay later borrowers from next year.

/payments

Paypercut raises €2m to build multi-provider BNPL hub

Paypercut, a European fintech that lets small and mid-sized merchants offer “Buy Now, Pay Later” (BNPL) through a single integration, has raised €2 million in pre-seed funding - among the region’s largest pre-seed rounds for a payments-focused company.

/payments

EazyPay and Tamara join forces

Eazy Financial Services ("EazyPay"), a leading Bahraini financial institution specializing in Point-of-Sale (POS) and online payment gateway acquiring services, has announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms and a pioneer of the "Buy Now, Pay Later" (BNPL) model in the GCC.

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