BNPL

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Klarna launches one-stop shopping app globally

/payments

Klarna launches one-stop shopping app globally

Klarna is to roll out its in-app shopping feature globally, enabling users to to pay in three monthly instalment for purchases at any online retailer, regardless of whether they’re partnered with the BNPL giant or not

Singapore loyalty platform ShopBack buys BNPL startup hoolah

/payments

Singapore loyalty platform ShopBack buys BNPL startup hoolah

Singapore-based loyalty platform ShopBack is to acquire local buy now, pay later startup hoolah.

Klarna acquires price comparison site PriceRunner

/payments

Klarna acquires price comparison site PriceRunner

Klarna is continuing its acquisition spree with the buy out of Nordic price comparison service PriceRunner.

Visa boasts it is fuelling BNPL around the world

/payments

Visa boasts it is fuelling BNPL around the world

With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.

Stripe partners Klarna to offer businesses BNPL options

/payments

Stripe partners Klarna to offer businesses BNPL options

Millions of online businesses running on Stripe will soon be able to offer Klarna’s buy now, pay later options to their customers.

Klarna joins $100 million round in German B2B BNPL firm Billie

/payments

Klarna joins $100 million round in German B2B BNPL firm Billie

Business-oriented buy now, pay later outfit Billie has picked up $100 million in a funding round that included participation from Dawn Capital, Klarna and Tencent.

Klarna buys travel planner Inspirock

/retail

Klarna buys travel planner Inspirock

Klarna has acquired online travel planner Inspirock in a deal the BNPL giant says will enable its 90 million users plan and shop for their trips before paying in instalments. Financial terms were not disclosed.

Klarna introduces package of measures to rebuff BNPL critics

/payments

Klarna introduces package of measures to rebuff BNPL critics

Klarna is repositioning its buy now, pay later product range in the UK in response to sustained criticism of its business practices, introducing the ability for consumers to pay in full at the checkout, stronger credit and affordability checks, clear checkout language, simplified T&Cs, improved complaints handling and removal of last remaining late fees.

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

/payments

Standard Chartered invests $500 million in Atome to enter Asian BNPL race

Standard Chartered is investing in digital lending unicorn Atome Financial as part of a ten-year multi-product strategic partnership that will entail the roll out of buy now, pay later services across major Asian markets.

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

/people

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

Anthony Thomson, the founder of Metro Bank, Atom Bank and Australia's first neobank 86 400, is stepping into the buy now, pay later (BNPL) space as the new chair of Zip UK.

ANZ partners Visa for BNPL offering

/payments

ANZ partners Visa for BNPL offering

Visa is joining forces with ANZ to bring its instalment payments product to Australia, enabling the bank's credit card customers to buy now, pay later at the checkout.

Target taps Affirm and Sezzle for BNPL

/payments

Target taps Affirm and Sezzle for BNPL

With the holiday season fast approaching, US retail giant Target has inked deals with buy now, pay later firms Affirm and Sezzle.

Anyfin rides BNPL debt wave with $52 million capital injection

/startups

Anyfin rides BNPL debt wave with $52 million capital injection

Aiyfin, a Stockholm-based startup that enables consumers to refinance their existing loans, has raised $52 million of fresh funding to fuel the growth of its business across Europe.

Former Klarna exec raises $15 million for Pakistani BNPL startup QisstPay

/startups

Former Klarna exec raises $15 million for Pakistani BNPL startup QisstPay

QisstPay, a BNPL startup in Pakistan co-founded by a former Klarna executive, has raised $15M across its seed & pre-seed rounds with a mix of equity and debt.

Mastercard enters BNPL arena

/payments

Mastercard enters BNPL arena

Mastercard has super-charged its fightback against competing buy now, pay later providers with the launch of Installments, a point of sale payments programme for online and instore purchases in the UK, Austalia and the US

Claro takes anti-BNPL campaign to London's streets

/payments

Claro takes anti-BNPL campaign to London's streets

As a new study suggests that the ballooning BNPL industry is not taking market share away from credit cards, financial coaching app Claro Money has taken to London's streets with a billboard campaign urging Brits to "Say bye now to Buy Now, Pay Later".

Affirm brings greater flexibility to BNPL

/payments

Affirm brings greater flexibility to BNPL

American buy now, pay later giant Affirm has developed technology that gives customers a range of personalised payment options at the checkout.

Barclays hires Amazon payments head to lead POS finance business

/payments

Barclays hires Amazon payments head to lead POS finance business

Barclays has hired Amazon's head of European payments Antony Stephen to lead the bank's foray into the booming buy now, pay later market.

Zip enters India with $50 million investment in ZestMoney

/payments

Zip enters India with $50 million investment in ZestMoney

Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.

First National Bank of Omaha launches BNPL offering for merchants

/payments

First National Bank of Omaha launches BNPL offering for merchants

First National Bank of Omaha is joining the BNPL goldrush, launching a service which will allow merchant partners to offer their customers the option to make purchases and pay for them at a future date.

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