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Tag "buy now pay later (BNPL)"

Account-to-Account Transactions Soar Globally Amid Merchant Adoption and Real-Time Payment Push

Account-to-account (A2A) payments are taking off around the world, driven by booming adoption of the payment method by businesses and payment infrastructure modernization efforts from governments, a report by fintech solution provider FIS says. The 2023 Worldpay from FIS Global

Lending Mobile Payments

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

Funding Italy Lending

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

Various

The Top 33 Fintech Startups in Europe on LinkedIn in 2022

33 fintech companies made LinkedIn’s second annual top startups list, a ranking of companies from 13 European countries that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement,

Lending London

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

Lending

European Buy Now Pay Later Market Heats Up

Buy now pay later (BNPL) arrangements, which allow customers to buy items on credit and pay the money back over time, is witnessing record growth in Europe with demand from consumers rising and investor sentiment remaining overall optimistic, according to

Funding

SPAC Deals Drive Fintech Exit Activity to New High

In Q1 2021, fintech exit activity hit a new high driven by blank check transactions. 11 initial public offerings (IPOs) and 67 merger and acquisition (M&A) deals were announced and/or completed this past quarter – many of which through special