BNPL

410 articles tagged with this keyword

/payments

Apple cuts out banks to offer BNPL loans directly

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.

/payments

Consumers racking up more debt to pay off BNPL loans

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.

/payments

Zopa enters BNPL market

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".

/payments

Apple launches BNPL product

Apple has jumped into the buy now, pay later market, enabling US customers to to split Apple Pay purchases into instalments.

/people

Klarna CEO accused of being "tone deaf" after posting list of laid off employees

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.

/payments

Stripe users can now embed BNPL options from Affirm

US merchants using Stripe can now offer customers buy now, pay later instalment plans thanks to an integration with Affirm's adaptive checkout product.

/payments

Klarna hits 500,000 consumer milestone in Ireland

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.

/payments

B2B BNPL startup Mondu raises $43 million

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.

/payments

NAB to launch BNPL product

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'.

/payments

Scalapay joins the circular economy with UK fintech Twig

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.

/people

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.

/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.

/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.

/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

/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.

/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.

/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.

/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.

/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.

/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.