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Tag: BNPL


Banking Tech, Digital Lending and Credit

Beyond a BNPL: Klarna Expands Growth Tools For UK, US and Swedish Businesses

November 13, 2023

Via: The Fintech Times

Specifically, Klarna is expanding its self-service advertising platform, ‘Ads Manager’, in the UK and Sweden. This will enable better engagement between retailers and high-intent shoppers. Then across the pond, Klarna has made ‘Creator Shops’ live in the US, in turn […]


Mobile payments, Paytech

Amazon adds BNPL to its Amazon Business platform through Affirm partnership

November 3, 2023

Via: FinTech Futures

Amazon Business, a B2B e-commerce procurement platform, will now provide its sole proprietor business customers the option to select Affirm at checkout to pay for eligible goods over time. The platform says that it plans to make the payment option […]


Mobile payments, Paytech

BNPL fintech Tabby lands $200m Series D at $1.5bn valuation ahead of planned IPO

November 1, 2023

Via: FinTech Futures

The equity funding round also saw participation from Bluepool Capital, and existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures. Following the fresh fundraise, Tabby claims it has become the region’s first fintech unicorn, ahead of its planned […]


Banking Tech, Digital Lending and Credit

Upgrade acquires travel-focused BNPL startup Uplift for a song

July 27, 2023

Via: TechCrunch

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift […]


Banking Tech, LendTech

Consumer finance firm JIVF taps OpenWay for credit products platform

March 16, 2023

Via: FinTech Futures

OpenWay describes its Way4 offering as an end-to-end solution comprising an online core, account and events management, dynamic pricing, automated workflows, card issuing and wallet management, merchant management, omni-channel, authorisation and settlement, and APIs. The migration to the new platform […]


Banking Tech, Digital Lending and Credit

Buy now, worry about it later: the future of BNPL

February 22, 2023

Via: FinTech Futures

BNPL offers a lifeline for some and flexibility for others, and there is an argument that it broadens financial inclusion. Research conducted by Divido in February 2023 suggests that almost three fifths of British consumers (58%) believe point-of-sale (POS) financing […]


Banking Tech, Digital Lending and Credit

What’s Next For BNPL? Industry Reacts to Openpay Receivership

February 9, 2023

Via: The Fintech Times

Openpay announced a new quarterly record in Q2 of FY2023, growing its revenue to A$10.1million. This was in addition to the total transaction volume (TTV) growing by almost 50 per cent to A$126million, in comparison to the previous 12 months. […]


Banking Tech, Digital Lending and Credit

Aussie BNPL fintech Openpay enters receivership

February 7, 2023

Via: FinTech Futures

In an announcement to the Australian Stock Exchange (ASX), the firm says it will “work closely with Openpay’s employees, merchants and customers to urgently determine the appropriate strategy for the business”. It adds customers are currently no longer able to […]


Paytech, Retail

Frasers Group rolls out new Buy Now, Pay Later app

January 31, 2023

Via: ThePaypers

UK-based retail company Frasers Group has launched a Buy Now, Pay Later (BNPL) scheme, Frasers Plus, for customers when they purchase products. The new Frasers Plus service will cover items purchased from the group’s brands, including House of Fraser, Missguided, […]


Banking Tech, Digital Lending and Credit

Buy Now Pay Later Platform Market Size is Expected to Reach ~US$ 70.9 Bn by 2033, Growing at a CAGR of 22.8% for 2023 – 33

January 19, 2023

Via: Fintech News

The Buy now pays later platform market is predicted to increase at a CAGR of 22.8% from 2023 to 2033, from US$ 9.1 billion in 2023 to US$ 70.9 billion in 2033. E-commerce Market Offers Consumer Diverse BNPL Options Customers […]


Paytech, Wholesale

What Does 2023 Have in Store for the APAC Payments Ecosystem?

January 13, 2023

Via: The Fintech Times

As one of the fastest-paced regions for innovation, transactions have continuously evolved in APAC, and here deriving figures originally correlated by Singapore news sources, we unpack what the future of the region’s payments might look like. Asia’s BNPL boom The […]


Banking Tech, Digital Lending and Credit

Orka Card Challenges Traditional BNPL Lending Following Enfuce Partnership

January 12, 2023

Via: The Fintech Times

Until now, Orka Ventures has focused mainly on providing web-based consumer loans. However, with changing consumer demand for more agile service delivery and Orka Ventures’ evolution into a neobank, it will now leverage agile modular processing and compliance capabilities from […]


Banking Tech, PayTech

The Payments Innovation Jury: “Payment Innovation: myths and realities”

October 4, 2022

Via: Fintech News

The Payments Innovation Jury today releases its 2022 global report titled: “Payment Innovation: Myths and Realities”, which reveals some surprising insights from senior decision makers across the industry. The 2022 report explores several key areas where payment innovation is currently […]


Banking Tech, Digital Lending and Credit

Zip is First Australian BNPL Method Added to PPRO’s Digital Payments Infrastructure

September 18, 2022

Via: The Fintech Times

Zip, which includes Zip Pay and Zip Money, becomes the first Australian BNPL method to be added to PPRO’s digital payments infrastructure and sits alongside other Australian local payment methods. The new integration allows PPRO’s global partners and their merchants […]


Banking Tech, Digital Lending and Credit

Lease-to-own fintech startup Kafene raises $18M to battle BNPL

September 13, 2022

Via: TechCrunch

Kafene, a lease-to-own startup aimed at underbanked consumers who don’t have access to traditional credit, raised $18 million in a Series B funding round. While there are similarities to the buy now, pay later approach to making purchases, Kafene CEO […]


Banking Tech, Digital Lending and Credit

Mambu provides core banking tech to Carbon Finance for BNPL offering

September 12, 2022

Via: ThePaypers

Germany-based banking infrastructure software provider Mambu has teamed with long-time partner, Pan-African microfinance bank Carbon Finance, to launch BNPL offer Carbon Zero. The partnership will allow Carbon Finance to scale its financial services by offering a full spectrum of banking […]