407 articles tagged with this keyword
News/payments
Germany's Varengold Bank has invested €29.5 million in Dutch buy now pay later fintech Billink.
18 January 2024
Nearly a quarter of Brits that have used buy now, pay later services have been charged late payment fees, according to a survey for education charity the Centre for Financial Capability.
04 January 2024
UAE-based buy now, pay later player Tabby has secured $700 million in debt financing from JPMorgan and extended its series D round to $250 million.
21 December 2023
Walmart has struck a deal with Affirm to offer buy now, pay later options at self-checkout kiosks at over 4500 US stores.
Buy now, pay later startup Tamara has become Saudi Arabia's first home-grown fintech unicorn with a $340 million funding round.
18 December 2023
Google is teaming up with Zip and Affirm to offer buy now pay later options for US consumers shopping with Google Pay.
13 December 2023
Private equity firm Motive Partners has acquired a controlling stake in Australian-listed BNPL outfit Splitit Payments.
News/regulation
The Office of the Comptroller of the Currency (OCC) has issued guidance to US banks warning them to make sure that buy now, pay later loans are offered in a "safe and sound" manner.
08 December 2023
Indian buy now, pay later firm ZestMoney is shutting down after failing to find a buyer, according to TechCrunch.
05 December 2023
Standard Chartered is rolling out online and instore buy now, pay later options for credit cardholders across Asia Pacific.
04 December 2023
Klarna has secured approval to offer credit and payments products in the UK ahead of the expiration of a temporary deal arranged in the wake of Brexit.
23 November 2023
Klarna is setting up a UK holding company ahead of a widely-expected initial public offering. Separately, the BNPL giant has struck a collective agreement with Swedish workers to head off a strike.
06 November 2023
UAE-based buy now, pay later player Tabby has secured $200 million in Series D funding at a $1.5B valuation, making it the Mena region's first fintech unicorn head of a planned IPO in Saudi Arabia.
01 November 2023
London-based buy now, pay later outfit Zilch has received an investment from e-commerce giant eBay at a $2 billion valuation.
31 October 2023
As new research shows that more than a quarter of Brits have used BNPL in a six-month period, the FCA has agreed deals with two firms - PayPal and QVC - to make their contract terms easier to understand.
News/people
BNPL giant Klarna is facing a possible strike by employees at its Swedish headquarters next month.
27 October 2023
US Bank has launched an embedded, multi-channel point-of-sale lending platform that lets firms offer customers financing at the checkout.
25 October 2023
Berlin-based B2B buy now, pay later startup Mondu has formally registered with the Financial Conduct Authority (FCA) and will begin working with 16 British clients immediately
19 October 2023
Marqeta has reached an agreement with Southern European BNPL provider Scalapay to use its platform to issue cards both online and in-store.
17 October 2023
Goldman Sachs has agreed to sell BNPL-based home improvement lender GreenSky to a a consortium of institutional investors led by Sixth Street. Terms of the deal were not disclosed but the sale will lead to a 19-cent-per-share hit to Goldman's third-quarter earnings.
11 October 2023
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