407 articles tagged with this keyword
News/payments
Goldman Sachs is mulling the sale of its buy now, pay later-based home improvement lender Greensky as it continues its retreat from the consumer finance market.
19 April 2023
Walmart-backed Indian mobile payments giant PhonePe has ditched a planned acquisition of BNPL player ZestMoney over due diligence concerns, according to the Economic Times.
03 April 2023
Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.
28 March 2023
NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.
27 March 2023
Berlin-based B2B buy now, pay later startup Mondu is opening an office in London and hiring a UK-based sales team.
22 March 2023
News/startups
Tamara, a fintech startup based in Saudi Arabia, has secured a $150 million debt facility in its latest fundraising round.
17 March 2023
BNP Paribas is moving into the B2B buy now, pay later space through a partnership with fintech Hokodo.
16 March 2023
BNPL unicorn Scalapay has acquired Italian payment institution Cabel IP to boost growth across Europe.
08 March 2023
A month after laying off 19% of its workforce, American buy now, pay later platform Affirm is quitting the Australian market.
While Klarna posts eye-popping losses of $1 billion for 2022, US BNPL rival Sezzle exits the year on a profitable note, reporting a 16% jump in total income to $38.3 million.
28 February 2023
Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021.
Klarna is to begin charging late payment fees to UK customers in a bid to curb loan defaults as more users turn to buy now, pay later services to budget their way through the cost of living crisis.
27 February 2023
Klarna's long-standing ambition to crack the American market appears to be finally coming good, with the US now representing its biggest revenue-generating stream globally.
23 February 2023
Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.
16 February 2023
Westpac has developed a novel twist on the buy now, pay later concept, giving credit card customers the opportunity to pay off their bills in four instalments
15 February 2023
News/regulation
The UK Government has launched its long-anticipated consultation on rules to crack down on the unrelegulated buy now, pay later sector.
14 February 2023
Research from Adobe Analytics has found that the use of Buy Now Pay Later (BNPL) by UK consumers has risen 10.7% compared to January 2022.
09 February 2023
News/people
BNPL platform Affirm announced it has cut 19% of its workforce, amounting to 500 employees.
Australian BNPL operator Openpay has gone into receivership, laying off 80 employees, just days after announcing record quarterly results.
08 February 2023
London-based BNPL unicorn Zilch has formed a partnership with StepChange, integrating the debt advice charity's tools into its platform.
07 February 2023
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