Thursday, December 19, 2024

Tag: BNPL

Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO

Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public...

Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia

Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo...

UK government looks to strengthen BNPL protections with launch of latest consultation

The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under...

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...

BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq

Acquisition Announcement: Tabby, a Middle Eastern buy now, pay later (BNPL) fintech, has acquired Tweeq, a Saudi Arabian...

Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets

Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand. ...

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...