Buy Now Pay Later (BNPL)

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.
APEXX and Klarna shake hands for global flexible payments

APEXX and Klarna shake hands for global flexible payments

APEXX Global, renowned as a top-tier global payments orchestration platform, has joined forces with Klarna, an AI-empowered shopping assistant and payment network. Together, they aim to extend Klarna’s flexible, interest-free payment choices to global merchants.

Klarna become first bank to deploy ChatGPT Enterprise

Klarna has revealed that it is the first bank to adopt Open AI's Chat GPT Enterprise platform, as it continues to lead the race for AI implementation into online banking.
Koverly unveils unique Pay in 30 platform, eyes $70m in new loans

Koverly unveils unique “Pay in 30” platform, eyes $70m in new loans

Koverly, a global B2B payments solution providing payment flexibility alongside reduced foreign exchange rates, has introduced KoverlyPay, a novel buy now, pay later (BNPL) service.

BNPL Splitit to delist after landing $50m investment 

BNPL Splitit has revealed it is planning to delist from the ASX after securing up to $50 million from Motive Partners. 

Klar secures $100m debt facility from Victory Park Capital  

Digital financial services platform Klar has announced that it has secured a $100 million credit facility from Victory Park Capital. 

Klarna continues strong growth in Canada 

Swedish BNPL giant Klarna has revealed that its service is now experiencing rapid growth across Canada. 
Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 

Klarna axes open banking brand Klarna Kosma after 18 months

Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 
16 million UK residents unaware of debt risk with BNPL

16 million UK residents unaware of debt risk with BNPL

Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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