Buy Now Pay Later (BNPL)

B2B-payments-startup-Mondu-extends-Series-A

B2B payments startup Mondu extends Series A

B2B payments company Mondu has extended its Series A funding round by $13m, as it looks to bolster its market growth.
ZestMoney, a BNPL startup backed by Goldman Sachs is set to shut down after failing to find a buyer, according to TechCrunch.

Goldman Sachs-backed BNPL firm ZestMoney reportedly set to shut down

ZestMoney, a BNPL startup backed by Goldman Sachs is set to shut down after failing to find a buyer, according to TechCrunch. This development comes...
Why RegTech is a rising need for BNPL providers

Why RegTech is a rising need for BNPL providers

Last month, the UK government released a draft legislation that will crack down on buy now, pay later firms, which had previously enjoyed little regulatory hurdles. However, times are changing.
Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna, the AI-powered global payment network and shopping assistant, has officially announced the merger of Sofortüberweisung into its service umbrella.
Digital bank Zopa raises 75m to accelerate growth

Digital bank Zopa raises £75m to accelerate growth

Digital bank Zopa has raised £75M in Tier 2 capital to further accelerate its growth, supporting its vision to become Britain's best bank.
mena-bnpl-services-provider-tabby-closes-series-c-on-58m

MENA BNPL services provider Tabby closes Series C on $58m

Tabby, a BNPL services company based in the MENA region, has closed its Series C round on $58m, which brings its valuation to $660m.
NatWest is set to axe its Buy Now Pay Later (BNPL) option less than two years after its initial rollout. 

NatWest to axe BNPL option less than two years after launch

NatWest is set to axe its Buy Now Pay Later (BNPL) option less than two years after its initial rollout. 
B2B BNPL FinTech Hokodo extends Series B with support from Citi

B2B BNPL FinTech Hokodo extends Series B with support from Citi

B2B BNPL and digital trade credit solution developer Hokodo has extended its Series B round with an undisclosed investment from Citi.
BNPL Sezzle secures $100m credit after meger falls through

BNPL Sezzle secures $100m credit after meger falls through

Buy now, pay later (BNPL) platform Sezzle has entered a $100m credit facility agreement with affiliates of Bastion Management II.

Alif expands into the UAE with Alif Pay

World-leading FinTech Alif is set to launch its raft of financial services across the United Arab Emirates (UAE).

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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