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Tag: BNPL

Klarna sells checkout business to investor consortium

Klarna has finalized a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors...

Apple partners Santander’s Zinia for BNPL financing services in Germany

Apple Partners with Santander’s Zinia for Payment Solutions in Germany Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer...

CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds

Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB). Decision: Designates buy now, pay later (BNPL) firms as...

Colombian BNPL firm Addi lands $86m in equity and debt funding

Colombian buy now, pay later (BNPL) firm Addi has secured $86 million in funding, comprising $50 million in...

PayPal extends payment options for online SMEs with new solution

PayPal Launches Complete Payments for SMEs:New Offering:PayPal has introduced a new solution called "PayPal Complete Payments" targeting...

Santander names Petri Nikkilä as new Openbank CEO

Santander appoints Petri Nikkilä as the new CEO of Openbank, effective from May. Nikkilä to lead Openbank's current...

BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit

Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit. Builds upon a previous...

Mondu gears up for European expansion with €30m debt financing boost

Mondu secures €30 million debt financing from German bank VVRB. The deal increases Mondu's credit facility with VVRB...

BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank

Funding Boost: Dutch paytech Billink secures a $32.1 million investment from Germany's Varengold Bank for its buy now, pay...

India’s DMI Group snaps up BNPL fintech ZestMoney

ZestMoney Acquisition by DMI Group:Indian BNPL start-up ZestMoney acquired by DMI Group in a fire sale. Deal...

Creditspring research reveals BNPL used to afford Christmas

Financial Struggles and BNPL Usage:23% of young people plan to use Buy Now, Pay Later (BNPL) for...

OakNorth appoints Lord Adair Turner as chairman

OakNorth Appoints Lord Adair Turner as Chairman Chinese AI Startup Eyes US Market for Growth Tarabut Collaborates with...