BNPL giant Klarna makes it big in the US
After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.
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...
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.
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.
PayZen raises $20m for healthcare buy now pay later
San Francisco-based PayZen, which offers buy now, pay later services to the healthcare industry, has reportedly raised $20m in equity.
Visa unveils new products designed for the digital age
Visa, a global leader in payment technology, unveiled groundbreaking new products and services at the annual Visa Payments Forum in San Francisco.
Digital payment platform Kasheesh welcomes star-studded funding round
Kasheesh, which claims to be a first-to-market digital payment platform, has increased its total capital raised to $8.5m, with backing from high-profile investors.
Tamara raises $250m in additional debt financing to bolster its FinTech operations
Tamara, Saudi Arabia-based company, secured an additional up to $250m in debt financing, elevating its total warehouse facility to a staggering $400m.
Mexico-based PayTech app Nelo raises $100m
Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.
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.
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