BNPL

867 articles tagged with this keyword

/payments

CommBank steps into BNPL fray

Commonwealth Bank of Australia has waded into the competitive buy now, pay later market, competing with local juggernaught Afterpay, and Klarna, in which it has invested $350 million.

/payments

Afterpay enters Southern European market with Clearpay

Afterpay (ASX:APT), the leader in "Buy Now, Pay Later" payments, today launched its European service, Clearpay, to merchants across Spain and France. Italian merchants will begin offering Clearpay later this month.

/payments

Perkbox to provide BNPL services with Zip

Perkbox, Europe’s fastest growing global ‘employee experience’ platform, has partnered with Zip – the global buy-now-pay-later fintech – to provide flexible payment solutions on shopping for employees.

/payments

One-fifth of UK public chose a BNPL payment method in 2020

Leading independent economic consultancy Capital Economics has today released findings from its latest report - BNPL and The New Economic Landscape - highlighting the benefits of Buy Now Pay Later (BNPL).

/payments

BNPL outfit Zip partners BigCommerce

Leading Buy Now, Pay Later (BNPL) provider Zip (ASX: Z1P) today announced the company has been selected by BigCommerce (NASDAQ: BIGC) as an Elite Partner.

/payments

ThinkSmart basks in the glow of BNPL boom

AIM-listed digital payments business ThinkSmart is reporting a 237% uplift in trading performance for the first half as it realises the value of its remaining ten percent holding in buy now, pay later firm ClearPay.

/payments

Apexx Global offers merchants a pick'n'mix suite of BNPL products

Global payment platform Apexx is to offer merchants a choice of multiple buy now, pay later options from disparate players via a new Agreggatior product.

/BNPL

Australian Finance Industry Association introduces voluntary code of practice for BNPL sector

The Australian Finance Industry Association (AFIA) is pleased to announce that its Code of Practice for the Buy Now Pay Later (BNPL) sector has come into effect today.

/payments

Affirm unveils BNPL debit card

Max Levchin's BNPL outfit Affirm is launching a debit card that lets users pay for purchases over time.

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BNPL expected to double market share in UK e-commerce within the next four years

Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.

/payments

Basiq brings Open Banking to bear on consumer BNPL debt

Basiq, a NAB, Westpac, Salesforce and Plaid-backed open banking platform, is introdocuing a new feature for lenders to aggregate outstanding consumer loans, including buy now, pay later debt, to get more visibility into customer liabilities.

/payments

Discover tie up boosts acceptance of BNPL from Sezzle

Discover, a digital banking and payments services company, and Sezzle, Inc. (ASX:SZL), an installment payment platform, have announced an agreement that will allow Sezzle to work with selected merchants on the Discover Global Network in offering consumers additional payment options.

/payments

Worldline and Klarna extend collaboration across Europe

Klarna, the leading global payments and shopping service, today announces a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants.

/payments

PSCU to pilot installment payment tech with credit unions

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced it will soon offer a new Installment Payments solution.

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Splitit secures $150m facility from Goldman Sachs

Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business.

/payments

Klarna reports strong US growth

Klarna, the leading global payments provider and shopping service, today announced it is continuing to see tremendous momentum in the US, including a record 15 million customers overall to kick off 2021.

/payments

FCA to regulate BNPL sector as Brits struggle to pay back Christmas spending

The UK's Financial Conduct Authority is to introduce new rules for buy now, pay later firms amid mounting fears of a growing debt burden for cash-strapped shoppers.

/startups

BNPL player Scalapay raises $48m

Scalapay, a third-party payments outfit that lets customers buy, now, pay later, has raised $48 million in a seed funding round led by Fasanara Capital.

/payments

Synchrony to acquire Allegro Credit

Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit, a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments.

/startups

French BNPL player Alma raises EUR49m

French buy now, pay later outfit Alma has raised €49 million in a Series B funding round joined by Cathay Innovation and Idinvest.