Tagged: bnpl

June 25, 2022 @ 11:17 am By Omar Faridi  |  

The Hokodo team is pleased to announce a Series B fundraise of $40 million that will help them to fulfil their ambition of “enabling 1 million businesses to access a better way to pay by 2025.” As businesses continue to feel the economic impact of… Read More

June 25, 2022 @ 10:24 am By Omar Faridi  |  

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

June 22, 2022 @ 9:58 am By JD Alois  |  

Playter, a buy now – pay later (BNPL) provider, has raised $55 million in both debt and equity. Playter did not disclose the split between equity and debt capital. Playter recently raised $1.7 million in seed funding to boost its services in the UK along… Read More

June 17, 2022 @ 6:48 pm By JD Alois  |  

Klarna, a European buy now – pay later (BNPL) platform that has experienced rapid growth, is planning to raise additional funding in a down round that may be a warning sign for the entire BNPL sector. According to a report by WSJ.com, Klarna is aiming… Read More

June 16, 2022 @ 8:50 am By JD Alois  |  

The cost of living is rising higher and credit is along for the ride. With no end in sight to rising interest rates and inflation, the UK Financial Conduct Authority (FCA) is asking lenders to help consumers during a difficult time. In a release, the… Read More

June 15, 2022 @ 11:19 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) announced today a new buy now – pay later (BNPL) offering “PayPal Monthly.” The expanded credit offering arrives just after Apple (NASDAQ:AAPL) announced Apple Pay Later, a BNPL that allows users to easily pay for a purchase with 4 payments during a 6… Read More

June 13, 2022 @ 3:42 pm By JD Alois  |  

Apple Pay Later, Apple’s (NASDAQ:AAPL) newest Fintech service, was recently revealed rattling the cages of more established buy now – pay later (BNPL) providers. As the thesis goes, Apple will offer short-term credit (just 6 weeks – 4 payments) which will drive sales and thus… Read More

June 8, 2022 @ 8:18 am By JD Alois  |  

While most of the news was swirling around Apple’s (NASDAQ:AAPL) new buy now – pay later (BNPL) product that allows its users to pay in four equal payments over 6 weeks, digital bank Zopa has announced its spin on BNPL with a focus on big-ticket items. The… Read More

June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 6, 2022 @ 3:25 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the world’s largest company by market cap and ubiquitous tech firm, announced a buy now – pay later product today alongside a solid portfolio of other updates. During the annual WWDC keynote, Apple executives revealed Apple Pay Later, a new feature of the… Read More

June 5, 2022 @ 11:30 pm By Omar Faridi  |  

Yobota recently announced its partnership with Tranch, a buy now, pay later (BNPL) startup platform on a mission “to deliver more flexible payments to fast-growing businesses.” Founded in 2016, London-based core banking provider Yobota claims it has “built a fast, flexible, cloud-native core banking platform… Read More

June 1, 2022 @ 10:44 am By JD Alois  |  

Marqeta (NASDAQ:MQ) has announced a new partnership with European Fintech Klarna, a buy now – pay later (BNPL) provider. According to a statement by Marqeta, Klarna will use it to issue the Klarna Card, enabling its customers in the US to pay anywhere using Klarna’s… Read More

June 1, 2022 @ 7:35 am By Omar Faridi  |  

Debite, the “dynamic” financing platform for early-stage companies, has announced its UK launch with a mission “to help businesses more effectively manage their cashflow and maximize their growth potential.” Tackling one of the primary reasons why most start-ups fail, Debite’s Buy Now Pay Later model… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 27, 2022 @ 1:17 pm By Omar Faridi  |  

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

May 27, 2022 @ 10:16 am By Omar Faridi  |  

Scalapay, which claims to be one of Europe’s leading Buy Now – Pay Later providers, and Twig, the “next generation” of banking and Web3 green payment infrastructure, recently announced an “exclusive” partnership. This partnership will “allow customers to resell products they have purchased via Scalapay… Read More

May 27, 2022 @ 8:36 am By Omar Faridi  |  

Clearpay, a key player in Buy Now, Pay Later payments known as Afterpay outside the United Kingdom and Europe, has made its in-store payment functionality available to SMBs across the UK’s high streets. By providing installment payments in-store, Clearpay is supporting them to drive more… Read More

May 26, 2022 @ 8:22 am By Omar Faridi  |  

Weave (NYSE: WEAV), the “all-in-one” customer communication platform for small business, has signed a multi-year integration partnership with Sunbit, the Buy Now, Pay Later (BNPL) technology “for everyday needs and services.” Sunbit’s technology will “power Buy Now, Pay Later solutions for healthcare practices across the… Read More

May 25, 2022 @ 9:07 am By JD Alois  |  

Yapily has partnered with B2B buy now – pay later (BNPL) provider Two, according to a statement from the company. Yapily, an Open Banking provider, explains that when a business chooses to pay with Two online using Yapily Data, Two can instantly retrieve the buyer’s… Read More

May 25, 2022 @ 3:11 am By Omar Faridi  |  

Openpay Group Ltd (ASX: OPY) (Openpay / the Company) is pleased to announce the completion of a $18.25 million two-tranche Placement “to accelerate its pathway to profitability in the ANZ business.” ANZ CEO, Dion Appel said: “Openpay ANZ is accelerating its pathway to profitability through… Read More