Latest BNPL News: Finextra Research

Laybuy hires fraud chief from HSBC as chief risk officer

New Zealand-based buy now, pay later provider Laybuy has hired HSBC's group head of fraud Jamie Byles as its new chief risk officer.

25 May 2022

News/payments

Oslo's Two taps Yapily to offer BNPL services to UK SMEs

Open banking platform Yapily has partnered with B2B buy now, pay later start-up Two, enabling merchants to offer BNPL services to their business customers instantly at checkout.

24 May 2022

News/people

Klarna to lay off 10% of staff amid market downturn

Klarna is set to fire 10% of its employees amid a valuation crunch at the buy now, pay later giant.

23 May 2022

Company update/payments

Australian BNPL firm Openpay raises $18.25 million

Openpay Group Ltd (ASX: OPY) (Openpay / the Company) is pleased to announce the completion of a $18.25 million two-tranche Placement to accelerate its pathway to profitability in the ANZ business.

23 May 2022

News/startups

Former Trussle execs move out of stealth with B2B BNPL startup

Tranch, a new London-based buy now pay later (BNPL) platform for SaaS sellers and professional services providers, is coming out of stealth, having raised £3.5 million in pre-seed equity and debt funding

23 May 2022

News/payments

Tech stock carnage hits Klarna valuation

Turmoil in tech stocks appears to be spilling over to the fintech market, with reports that BNPL giant Klarna is looking to raisee fresh funds at a 30% discount to its previously sky-high $46 billion valuation.

20 May 2022

News/payments

Klarna reaches dream milestone of 150 million active customers

To celebrate reaching 150 million active users, BNPL giant Klarna has launched 'Dream Deal Days', a three-day event offering consumers exclusive deals and product drops with some of the world’s biggest retail brands.

20 May 2022

Company update/payments

Fraugster launches 'Alternative Credit Decisions' for BPL firms and merchants

Fraugster, an AI payment intelligence company, today announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants to approve more customers without increasing credit risk.

19 May 2022

News/startups

Dutch BNPL player in3 raises $85.3 million

Dutch buy now, pay later outfit in3 has raised $85.3 million in debt and equity and struck a deal with payments firm Mollie to bring its services to more merchants.

18 May 2022

Company update/payments

Splitit unveils Installments-as-a-Service offer

Splitit unveiled a new way to drive installment payments through its merchant-branded Installments-as-a-Service platform.

17 May 2022

News/payments

Zilch sets its sights on 125 million new customers as it launches in the US

UK BNPL unicorn Zilch is preparing to open its services to 150,000 pre-registered customers in the US.

17 May 2022

News/regulation

Irish central bank lays down new rules for BNPL providers

The Central Bank of Ireland is applying new consumer protection legislation to ensure that hire purchase, consumer hire, and buy now, pay later providers and services adhere to new rules under the direct authorisation of the Central Bank.

17 May 2022

News/payments

MultiPay and Mastercard bring BNPL to Ireland's high street retailers

Payments technology company MultiPay is to bring installments payments to Irish brick and mortar stores through a tie-up with Mastercard.

17 May 2022

Company update/payments

Klarna takes virtual shopping global

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its Virtual Shopping offering, bringing the best of in-store to the online experience.

12 May 2022

Company update/people

Zip names former EasyJet commerical director as UK chief

Ruth Spratt, former European commercial director at easyJet, has been appointed UK Country Manager at global Buy Now, Pay Later (BNPL) leader Zip to lead the company’s expansion in the UK.

12 May 2022

News/people

Klarna rolls out hybrid work policy

BNPL giant Klarna is introducing a flexible working policy that lets employees pick between staying at home or going to the office.

12 May 2022

Company update/payments

Afterpay extends partnership with Adyen

Adyen (AMS: ADYEN), the global financial technology platform for leading businesses, today announced it has expanded upon its partnership with one of the leaders in Buy Now, Pay Later (BNPL), Afterpay Limited (ASX: APT).

10 May 2022

Company update/payments

Tabby issues digital Visa card that lets users tap now, pay later

Tabby, the Middle East’s leading buy now, pay later provider, has partnered with Visa, the world leader in digital payments and M2P Fintech, Asia's largest API infrastructure company to make in-store payments easier than ever before with the Tabby Visa Card.

10 May 2022

Company update/people

BNPL platform Deko appoints new CCO

BNPL platform Deko has today announced the appointment of Melanie Vala as its new Chief Commercial Officer (CCO). Melanie will oversee the entire commercial function at Deko, with a focus on driving the company’s growth strategy.

05 May 2022

Company update/payments

Fiserv enables BNPL

Businesses of all sizes will be able to simplify the enablement of Buy Now Pay Later (BNPL) options with streamlined access via commerce systems from Fiserv, Inc., a leading global provider of payments and financial services technology solutions.

04 May 2022