Search Results for "BNPL"
Apple Readies BNPL Launch
Apple is running an internal test of its buy now, pay later (BNPL) product, gearing up for the public release of the new service in the US. The feature, which was announced at the Worldwide Developers Conference 2022, is currently
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BNPL Startup HeidiPay Gets Funding From Mediobanca’s Credit Arm Compass
Swiss BNPL startup HeidiPay has closed a new funding round led by Italian banking group Mediobanca’s consumer credit arm Compass. The amount, which comprised equity and debt financing, was not disclosed. The funding builds on the companies’ existing partnership in
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BNPL Player Zoodpay Expands to Pakistan With Acquisition of Tez Financial Services
ZoodPay, a Swiss-based buy now, pay later (BNPL) platform for e-commerce customers in the Middle East and Central Asia, has made its entry into Pakistan by fully acquiring the Karachi-headquartered Tez Financial Services. Tez was granted a Non-Bank Financial Company
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BNPL Adoption Soars in the UK
Buy now, pay later (BNPL) arrangements are growing exponentially in the UK, gaining traction amongst both consumers and businesses. Research by consulting firm Bain & Company found that BNPL is now used by 25% of e-commerce shoppers and 20,000 merchants
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Stripe Partners Klarna to Enable Businesses to Offer BNPL Services
Swedish Buy Now, Pay Later (BNPL) platform Klarna announced a strategic partnership with Irish-American payment processing platform Stripe. The partnership will allow millions of businesses across the US and 19 countries in Europe running on Stripe to offer Klarna’s flexible
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German B2B BNPL Firm Billie Bags US$100 Million From the Likes of Klarna, Tencent
Billie, a Berlin-based “Buy Now, Pay Later” (BNPL) platform for businesses, announced that it has closed a successful Series C funding round of US$100 million, increasing its valuation to US$640 million which has nearly quadrupled since the last funding round.
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Advisory Firm Nebula Capital Partners Set to Launch BNPL-Focused Fund
London-based advisory firm Nebula Capital Partners (NCP) is launching a fintech lending focused fund project which bridges the gap between traditional and digital finance. NCP aims to bring the emerging asset classes of digital lending and embedded finance to professional
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Payments Giant Mastercard Jumps on the BNPL Bandwagon
Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and
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Irish BNPL Firm Scalapay Bags US$155 Million to Fund Its Expansion Plans
Ireland-based buy now pay later (BNPL) firm Scalapay has raised US$155 million in equity funding as part of its Series A investment round. The company is now valued at US$700 million. The latest funding round brings the total amount raised
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Funding Circle Launches BNPL Offering ‘FlexiPay’ for SMEs
Funding Circle, a London-based lending platform for small businesses, has jumped on the Buy Now, Pay Later (BNPL) bandwagon with its own offering called FlexiPay. FlexiPay enables businesses to spread any UK invoice or supplier payment over three months, with
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