Tagged: buy now pay later

September 11, 2021 @ 9:37 am By Omar Faridi  |  

Buy Now Pay Later (BNPL) provider, DivideBuy, has acquired a £300 million lending facility as it continues to focus on its growth and expansion efforts. As mentioned in a release, the funding from investment management company Davidson Kempner Capital Management LP, which also includes a… Read More

September 9, 2021 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that a partnership with Zip Co. (ASX: Z1P) in Australia will continue as they join to power a buy now, pay later (BNPL) solution. Marqeta has been working with Zip for about a year but this is the first time… Read More

September 8, 2021 @ 2:29 pm By JD Alois  |  

PayPal (NASDAQ: PYPL) has announced the acquisition of buy now, pay later (BNPL) firm Paidy for $2.7 billion (¥300 billion) – mainly in cash. BNPL services have boomed in popularity as the services has emerged as an alternative to expensive credit card transactions. Paidy offers… Read More

September 6, 2021 @ 10:57 pm By Omar Faridi  |  

One in 10 or around 10% of Buy Now Pay Later (BNPL) shoppers have been contacted by debt collection agencies, and this figure increases to one in eight for younger consumers, according to Citizens Advice. The Citizens Advice charity has shared research findings which reveal… Read More

August 30, 2021 @ 11:07 pm By Omar Faridi  |  

Japan-based Fintech firm Paidy, specializing in the Buy Now, Pay Later or BNPL sector, is reportedly looking into going public. This, according to a report from the FT. BNPL has become quite popular globally, with many new Fintechs entering the space within a relatively short… Read More

August 29, 2021 @ 11:08 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More

August 26, 2021 @ 8:41 am By Omar Faridi  |  

BNPL Pay, a “decentralized” lending protocol that “puts credit in the hands of those who need it the most (users without capital), says that it aims to address the problems presented by uncollateralized borrowing through their “novel” design of “a decentralized network of banking nodes.”… Read More

August 25, 2021 @ 8:15 am By Omar Faridi  |  

Fintech firm Westpay AB, and Klarna AB, a global retail bank, payments, and shopping service, have entered an agreement aiming to further expand the reach and “footprint” of Klarna’s payment services. As mentioned in a release, Westpay will now be integrating Klarna’s payment offerings, “making… Read More

August 23, 2021 @ 8:57 am By Omar Faridi  |  

Clearpay, an established Buy Now, Pay Later payments platform (known as Afterpay (ASX: APT) outside the UK/Europe), has launched its new merchant analytics solution, Clearpay iQ. With this new tool, brands are able to gain access to customer-centric analytics in order assist with optimizing investment… Read More

August 19, 2021 @ 11:40 am By JD Alois  |  

Payments provider ic2 has partnered up with VISA to launch point of sale buy now, pay later (BNPL) credit options. Via the collaboration merchants may gain access to a BNPL option to pay in installments instead of all at once or by credit card. BNPL… Read More

August 12, 2021 @ 10:56 am By JD Alois  |  

Zilch, a buy now – pay later (BNPL) Fintech, has acquired NepFin in a move to expand the company’s offerings in the United States. The terms of the deal were not disclosed. Neptune Financial, or NepFin, is a commercial lending Fintech that provides debt funding… Read More

August 10, 2021 @ 10:46 am By Omar Faridi  |  

Canada-based Scotiabank (TSE: BNS) is reportedly converting credit card repayments into Buy Now, Pay Later or BNPL options, by offering customers the ability to pay off their debt in 3, 6, or 12-month fixed-installment payments. Currently available for purchases over $100 in-store or online, clients… Read More

August 8, 2021 @ 6:19 pm By Omar Faridi  |  

UAE-headquartered Buy Now, Pay Later (BNPL) Fintech tabby has acquired $50 million in capital as part of its recent funding round. tabby’s Series B investment round has been led by Global Founders Capital and STV. Delivery Hero, CCVA and several other backers of tabby took… Read More

August 4, 2021 @ 11:04 pm By Omar Faridi  |  

FinAccel, the parent of Kredivo, an AI-powered digital consumer credit platform based in Southeast Asia, and VPC Impact Acquisition Holdings II (NASDAQ: VPCB), a special purpose acquisition company sponsored by Victory Park Capital, revealed on August 2, 2021 that they have finalized a definitive agreement… Read More

August 2, 2021 @ 8:15 am By Omar Faridi  |  

Fintech giant Square (NYSE:SQ) will be acquiring Australia-based Buy Now, Pay Later or BNLP firm Afterpay for $29 billion. For payments Fintech Square, this deal should serve as a key opportunity to enter the fast-growing BNPL market that is now challenging the traditional merchant card-based… Read More

August 1, 2021 @ 5:36 pm By Omar Faridi  |  

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or qualified transactions of HKD 400 or more into more manageable, equal monthly… Read More

July 26, 2021 @ 9:21 am By JD Alois  |  

The Coalition for a Digital Economy (Coadec), an organization created to promote the UK as the top European startup ecosystem, has published a paper on the fast-growing Buy Now, Pay Later (BNPL) sector of Fintech. Entitled Regulate Credit Now, Reform it Later, Coadec says the credit… Read More

July 21, 2021 @ 10:21 pm By Omar Faridi  |  

Southeast Asia’s Grab, the developer of a Super App, has decided to extend its partnership with Adyen (AMS: ADYEN), a leading payments platform, in order to enable merchants in Singapore and Malaysia to provide BNPL payment options. Available via the GrabPay wallet, merchants can offer… Read More

July 21, 2021 @ 9:27 pm By Omar Faridi  |  

Australia-based Buy Now, Pay Later (BNPL) Fintech Afterpay (ASX:APT) says it will be diversifying its business operations with the introduction of a “money and lifestyle” app. The Money app has been developed following Afterpay‘s partnership with Westpac. Through their collaboration, Afterpay is able to operate… Read More

July 13, 2021 @ 7:14 pm By Omar Faridi  |  

“Have it your way” was the slogan that fast food joint Burger King adopted back in 1974 as a way to try to stand out or differentiate themselves from competitors while capitalizing on the “appeal of personalization,” the Affirm team writes in a blog post…. Read More