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Pace, a Singaporean FinTech company offering buy now, pay later services, has collected $40m in its Series A funding round.
Philippines-based buy now, pay later solution Plentina has reportedly received $2.2m in fresh funding, as it sets its sights on international expansion.
Wisetack, a buy now, pay later solution, has closed its Series B round on $45m, with New York-based private equity firm Insight Partners acting as the lead investor.
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Saudi Arabia-headquartered Tamara, a buy-now-pay-later (BNPL) platform, has scored the largest Series A in MENA.
Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.