407 articles tagged with this keyword
News/payments
London-based BNPL player Tymit has closed a £23 million Series A funding round led by retailer Frasers Group.
26 October 2022
BNPL firm Zip has partnered WebBank to launch a physical card as it bids to make inroads into in-store shopping.
The consumer credit arm of Italian investment bank Mediobanca Group has made two fintech investments designed to boost its BNPL operations.
14 October 2022
Amazon and Affirm are extending their buy now, pay later partnership to Canada, enabling shoppers to pay for their purchases in instalments.
26 September 2022
Digital bank Revolut has announced its expansion into Mexico and Brazil, with a plan to hire 250 new employees in both countries by 2025.
23 September 2022
Revolut is rolling out its Pay Later BNPL product to its 1.9 million users in Ireland following a successful three-month trial.
20 September 2022
News/regulation
The Consumer Financial Protection Bureau (CFPB) is planning to tighten up regulation of BNPL firms, bringing in the same baseline consumer protections that already exit for credit cards.
15 September 2022
PPRO merchants will soon have the ability to integrate buy now, pay later services from Australian provider Zip at the point of checkout.
Splitit, the ASX-listed BNPL player behind a white-label Instalments-as-a-Service platform, has raised A$10.5 million in a private placement with institutional investors.
13 September 2022
Embattled BNPL giant Klarna saw its net losses nearly quadruple in the first half of 2022 on higher credit defaults, increased employee costs and investment in market expansion.
31 August 2022
A group of Democrat lawmakers have written to BNPL firm Credova Financial expressing "strong concerns" about its facilitation of online gun purchases.
Australian BNPL firm Afterpay is killing off its Money app - and the related partnership with Westpac - as parent Block readies the launch of its Cash App in the country.
26 August 2022
With many of its customers struggling in the face of a cost of living crisis, UK supermarket chain Iceland is rolling out an interest-free BNPL product for use at its shops.
25 August 2022
The Financial Conduct Authority (FCA) has warned firms against promoting unapproved BNPL products.
19 August 2022
A new UK Finance Payment Markets report finds Faster Payments volumes increased by 23% to 3.6 billion from 2020 to 2021. The report looks at the latest payment trends from 2021 and forecasts up to 2031.
Klarna is extending its app to allow UK consumers to view their full online order history, regardless of whether they are purchased using Klarna, as part of its bid to become a general-purpose shopping companion.
15 August 2022
News/retail
Australian neobank Up Bank, has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years.
01 August 2022
Apple's entry into the buy now, pay later market is prompting the Consumer Financial Protection Bureau (CFPB) to take a "very careful look" at the implications of Big Tech moving into the sector.
27 July 2022
Virgin Money in entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over installments while building their credit scores.
26 July 2022
Sydney-listed Zip Co is sounding out buyers for its UK BNPL unit just over a year after arriving in the country, Sky News learns.
14 July 2022
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.