410 articles tagged with this keyword
News/payments
NatWest is to enter the UK's crowded buy now, pay later space this summer, promising to put safeguards in place to ensure responsible lending.
22 March 2022
Technical advancements that emerge throughout 2022 will bolster uptake of digital payments brought about by the pandemic, with new trends such as buy-now-pay-later (BNPL) and heavy use of digital wallets likely to become mainstream.
18 March 2022
News/startups
Playter, a London-based outfit bringing buy now, pay later to the B2B space, has raised $1.7 million in a seed funding round co-led by Fin Capital and 1818 Ventures.
15 March 2022
With living costs spiralling, Citizens Advice has found that one in 12 people turned to buy now pay later (BNPL) to cover basic costs - such as food and toiletries - in the last six months.
14 March 2022
Dutch buy now, pay later outfit in3 has raised $11.1 million in funding and struck a deal with payments firm Worldline to bring its services to more merchants.
11 March 2022
London-based fintech Curve has launched in the US, offering Americans the option to combine all their debit, credit and loyalty cards into one.
10 March 2022
News/people
US BNPL player Sezzle is to cut 20% of its workforce following confirmation of a takeover by Australian rival Zip.
UAE-based buy now, pay later startup tabby has successfully raised $54M in an extension round to its initial $50M Series B closed in August of last year.
07 March 2022
DBS Bank is to roll out buy now, pay later services in Singapore, Indonesia and Hong Kong in partnership with Mastercard and Pine Labs.
02 March 2022
PollenPay is the latest startup to enter Britain's already crowded buy now, pay later arena, which has just witnessed its latest casualty in the withdrawal of Openpay from the UK market.
01 March 2022
BNPL giant Klarna has reported soaring operating losses of $748 million for the full year 2021, driven by expansion to fresh markets and the challenges of underwriting a massive inflow of new customers.
28 February 2022
Australian buy now, pay later outfit Zip is to acquire US rival Zezzle for A$491 million.
Italy's Scalapay has become the latest BNPL unicorn on the back of a $497 million Series B investment from Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.
24 February 2022
News/crypto
Crypto exchange and mobile banking platform hi has teamed up with BaaS player Contis on a debit card that lets shoppers pay with their digital assets at over 60 million merchants.
Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.
17 February 2022
News/regulation
The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.
14 February 2022
Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.
French buy now, pay later startup Alma has raised €210 million to scale its business across continental Europe.
Australian buy now, pay later outfit Zip has struck a deal with Singapore's Singtel to provide embedded payment instalment services to the 1.3 million users of the telco's Dash mobile wallet.
10 February 2022
Klarna is weighing plans to raise new money in a funding round that could potentially fetch a $50bn-$60bn valuation.
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