410 articles tagged with this keyword
News/payments
Apple has taken another huge step into financial services, making loans to users of its new BNPL product directly, rather than through a banking partner.
09 June 2022
More than two in five buy now, pay later (BNPL) customers borrowed money to make repayments, Citizens Advice has found, fuelling fears of a looming credit crisis among cash-strapped consumers.
Digital bank Zopa is the latest to jump on the buy now, pay later bandwagon, promising "responsible and sustainable BNPL lending to the UK market".
08 June 2022
Apple has jumped into the buy now, pay later market, enabling US customers to to split Apple Pay purchases into instalments.
06 June 2022
News/people
Klarna CEO Sebastian Siemiatkowski has posted a list of people recently offered severance by the company on LinkedIn, describing the document as a "goldmine" for recruiters.
01 June 2022
US merchants using Stripe can now offer customers buy now, pay later instalment plans thanks to an integration with Affirm's adaptive checkout product.
Six months on from its launch in Ireland, Klarna has reached the milestone of 500,000 total consumers for its buy now, pay later product.
30 May 2022
Berlin-based B2B buy now, pay later startup Mondu is to expand across Europe on the back of a $43 million Series A round led by Valar Ventures.
National Australia Bank is inviting customers to pre-register for the forthcoming launch of a new buy now, pay later offering, punningly dubbed 'NAB Now Pay Later'.
27 May 2022
Scalapay has formed a partnership with circular economy fintech Twig to enable customers to resell products they have purchased via the buy now, pay later provider, and get paid upfront by Twig.
26 May 2022
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
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
Klarna is set to fire 10% of its employees amid a valuation crunch at the buy now, pay later giant.
23 May 2022
News/startups
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
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
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.
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
UK BNPL unicorn Zilch is preparing to open its services to 150,000 pre-registered customers in the US.
17 May 2022
News/regulation
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.
Payments technology company MultiPay is to bring installments payments to Irish brick and mortar stores through a tie-up with Mastercard.
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