Lending
Klarna Expands Its Footprint to Ireland
Swedish Buy Now, Pay Later (BNPL) platform Klarna announced that it has officially launched in Ireland. Irish consumers will be able to shop online and split their purchases into three interest-free equal payments (Pay in 3) through both the Klarna
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New Forrester Paper Explores Loan Origination Solution Market
Changing consumer behavior, tighter regulations and emerging technologies are transforming the lending landscape, challenging how incumbent lenders acquire, service and retain customers. In the latest edition of the Now Tech series, research and advisory company Forrester explores the loan origination
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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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Newly Minted Unicorn Zopa Raises £220 Million Led by Softbank Ahead of IPO
Zopa, London-based peer-to-peer lender and digital bank, announced its latest fundraise of £220 million led by Softbank Vision Fund 2 ahead of plans for an initial public offering (IPO) by late 2022 in London. CNBC reports that Zopa is now
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Tala Raises US$145 Million Series E, Plans to Roll Out Crypto Products
Tala, a Californian digital financial services provider in emerging markets, announced that it has secured a US$145 million Series E fundraise led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group also
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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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London Fintech 9fin Secures £8 Million Series A Led by Swiss VC Redalpine
9fin, a London-based provider of data, news and predictive analytics for debt capital markets, has announced an £8 million Series A round to fuel its expansion into the US. The company will expand into the US market by opening a
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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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