Tag: BNPL
Southeast Asian buy now pay later firm Kredivo nabs $270m
Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.
France-based invoice financing startup Aria nets €50m
France-based Aria, which offers embedded invoice financing, has reportedly collected €50m in a debt fundraising round from M&G Investments.
Klarna reports $1bn annual loss
Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
BNPL giant Klarna to launch late fees in UK
BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.
BNPL giant Klarna makes it big in the US
After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.
Complaints against BNPL firms surges by 36%
Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.
BNPL could face crackdown as City regulators set to secure new...
The UK government has said it will give financial watchdogs more powers to ‘clamp down’ on BNPL firms as it prepares to publish a regulatory update.
Mondu unveils new BNPL product for B2B sales
Mondu, a B2B payments firm, has launched a new solution for B2B merchants offering flexible payments on every sales channel.
Zilch becomes first BNPL to partner with UK debt charity StepChange
UK-headquartered buy now pay later (BNPL) FinTech Zilch has partnered with UK debt charity StepChange to help those during the cost-of-living crisis.
Will BNPL thrive or fail in high interest, high inflation market?
Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?