Tagged: buy now pay later

UAE’s Buy Now Pay Later Fintech Spotii to Support Business Growth with Microsoft AppSource by using its Network to Co-Market Services

Dubai’s Buy Now Pay Later (BNPL) Fintech firm Spotii has officially launched on Microsoft AppSource, which is an app store and online marketplace for companies using various Microsoft products. Spotii’s digital platform allows fashion, beauty, and lifestyle retail outlets to provide more flexible payment plans… Read More

Sweden’s Buy Now Pay Later Fintech Klarna Reportedly Planning to Raise $500 Million at $10 Billion Valuation and Potential US IPO

Sweden’s Buy Now, Pay Later firm Klarna is reportedly planning to secure $500 million in capital via an investment round which could double its valuation to around $10 billion, according to a recent report from Reuters (which cited sources familiar with the matter). Klarna had… Read More

Splitit, an Australian Stock Exchange listed Buy Now, Pay Later Firm, Secures $71.5 Million in Capital via Private Placement, Share Purchase Deal

Splitit, an Australian Stock Exchange-listed (ASX:SPT) company that allows consumers to make payments in easy installments using their credit cards, has reportedly secured $71.5 million in capital through a private placement and share purchase agreement. Splitit is a Buy Now, Pay Later service provider that’s… Read More

Grab Financial Group Introduces Micro Investment Platform and Buy Now, Pay Later Options for Digital Commerce Sites

Southeastern Asian ride-hailing service, Grab, has extended its business into the financial services sector, by introducing a micro-investment platform, a third-party loan service, and also a “Buy Now, Pay Later” product for digital commerce sites. Introduced in August 2020, AutoInvest allows consumers based in Singapore… Read More

Buy Now Pay Later Payments Platform Afterpay Announces New Brand Identity System

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its new global look, feel and positioning, which captures the power and value enabled by the platform at a time of incredible growth for the business and its customers. While… Read More

Affirm Announces New Collaboration With Design Within Reach to Allow Shoppers To Pay-Over-Time For Modern Furniture & Decor

Just days after announcing its partnership with Shopify, U.S. fintech Affirm announced it has formed a partnership with Design Within Reach to allow shoppers to pay-over-time for modern furniture and decor. The partnership notably extends across all the Design Within Reach, Herman Miller, and HAY… Read More

Flexiti Announces Buy Now Pay Later Agreement With Mobilia

Canada-based point-of-sale financing and payment tech provider Flexiti announced earlier this week that it has it signed a buy now pay later financing agreement with Canadian furniture retailer Mobilia. According to Flexiti, Mobile will launch its omni-channel 0% interesting financing solution. “With Flexiti’s buy now… Read More

Fintech Firm Affirm Partners with Shopify to Offer Buy Now, Pay Later Installment Plans for Merchants

Affirm,  a point of sale credit provider that is currently working with over 2000 merchants, has teamed up with digital commerce marketplace, Shopify, to offer “Buy Now, Pay Later” installment options for merchants. Approved “Shop Pay” customers will have the option of splitting their total… Read More

AfterPay Is Now Offering “Buy Now, Pay Later” Payments for Physical Stores in the U.S. to Shoppers Paying With Google Pay

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Tuesday it will be offering  “Buy Now, Pay Later” (BNPL) payments for physical retail stores in the U.S. market to shoppers paying with Google Pay. Afterpay reported that under this new… Read More

UAE Fintech Spotii, which Offers a “Shop Now, Pay Later” Service without Charging Interest, Secures Additional Capital from Daman Investments

United Arab Emirates (UAE) based “Shop Now, Pay Later” Fintech Spotii announced on July 5, 2020 that Daman Investments had invested in its operations. Daman Investments is a non-banking financial services company that’s known for its involvement in the MENA region business sector. Spotii is… Read More

PayPal Launches “Buy Now, Pay Later” Installment Solution in France

PayPal (NASDAQ: PYPL) announced on Thursday it is expanding its “buy now, pay later” solutions to France, with a new installment product that will enable customers to split purchases into four equal payments over three months, nearly anywhere PayPal is offered. According to PayPal, the… Read More

Payment Processing Platform Klarna Launches Buy Now, Pay Later Shopper Loyalty Program

  Payment processing platform Klarna announced on Tuesday the launch of its new Buy Now, Pay Later Shopper Loyalty Program, Vibe. According to Klarna, the no-fee program will be rolled out to the U.S. market in June before being extended to the platform’s other key markets… Read More

UAE’s Fintech Rise Partners Pakistan’s HomeShopping.pk to Offer New Buy Now Pay Later Services to Overseas Pakistanis

United Arab Emirates (UAE)-based Rise, a Fintech firm that offers various financial services to low-income migrants in the Middle East region and recently acquired $1.4 million in capital for ongoing development, has partnered with Pakistani e-commerce firm HomeShopping.pk. Through the partnership, the companies will launch… Read More

Buy Now Pay Later Fintech Shahry Acquires $650,000 in Seed Funding from Egyptian Gulf Holding for Financial Investments

Egypt-based online lending firm Shahry has acquired $650,000 in capital through a pre-seed investment round, in order to grow its existing loan portfolio and further expand its operations. The funding was provided by Egyptian Gulf Holding for Financial Investments, the investment division of the Egyptian… Read More

UAE based Fintech Spotii Introduces Buy Now Pay Later Platform via Partnership with Local Online Merchants

United Arab Emirates (UAE)-based Fintech firm Spotii has introduced its shop now (or buy now) pay later platform. The credit is provided at “no interest, no cost.” Spotii has teamed up with various online merchants, allowing them to provide four “cost-free” installments to customers when… Read More

Chinese Tech Giant Tencent Acquires $250 Million Stake in Melbourne’s “Buy Now Pay Later” Firm, Afterpay

Tencent Holdings Ltd., a Chinese multinational conglomerate holding company whose subsidiaries offer various Internet-related products and services, has acquired a 5% stake, valued at about A$390 million (appr. $250.38 million), in Melbourne-based “buy-now-pay-later” firm, Afterpay. Tencent’s management confirmed that they built up their stake during… Read More

UK’s Digital Commerce Market to be Valued at $412 Billion by 2023: Report

Worldpay from FIS’s has published its 2020 Global Payment Report which notes that the United Kingdom’s digital commerce market is on track to be valued at £319.8 billion (appr. $412 billion) by 2023.  The substantial growth in e-commerce is being driven by rising online sales… Read More

Interest-Free Buy Now, Pay Later Platform Laybuy Partners UK’s WHSmith to Offer Convenient Payment Plans

Laybuy, an interest-free “buy now, pay later” payment solutions provider, is teaming up with UK’s WHSmith, in order to provide users the option to buy now and pay later through the WHSmith.co.uk website. Customers will be able to buy products now, and will receive their… Read More

Westpac-backed VC Fund Reinventure Joins $90 Million for Kredivo’s Owner, Indonesia’s Leading “Buy Now Pay Later” Platform

Westpac-backed VC fund Reinventure aims to increase its presence in Asia’s Fintech economy. Reinventure has reportedly joined a $90 million investment round for Kredivo’s owner, Indonesia’s fast-growing “buy now, pay later” (BNPL) platform. Asia Growth Fund and Square Peg led Reinventure’s latest round for FinAccel,… Read More

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