Buy Now Pay Later (BNPL)

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,...
Saudi FinTech Tabby achieves $1.5bn valuation after latest fundraising

Saudi FinTech Tabby achieves $1.5bn valuation after latest fundraising

Saudi Arabia's Tabby, a leading buy-now-pay-later firm, is making headlines with its recent valuation and funding accomplishments.
Marqeta and Scalapay have agreed a partnership which is set to deliver BNPL capabilities across Europe.

Marqeta and Scalapay partner to deliver BNPL across Europe

Marqeta and Scalapay have agreed a partnership which is set to deliver BNPL capabilities across Europe.
Hokodo secures €100m to boost B2B digital payment solutions across Europe

Hokodo secures €100m to boost B2B digital payment solutions across Europe

Hokodo, described as Europe's premier digital payment terms provider, has successfully secured a significant debt facility.
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.
Austrian FinTech start-up Monkee secures seven-figure investment

Austrian FinTech start-up Monkee secures seven-figure investment

Austrian FinTech start-up, Monkee, has recently secured a significant seven-figure investment, marking a new milestone in its journey to revolutionise personal finance management.
bnpl-giant-klarna-to-launch-late-fees-in-uk

BNPL giant Klarna to launch late fees in UK

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.

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.
Tymit-buy-now-pay-later-BNPL-raises-£23m-to-reinvent-credit-financial-stability

Tymit nets £23m to reinvent credit

Tymit, a buy now, pay later (BNPL) startup, has raised £23m in Series A funding to help its members achieve financial stability.
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...

News Stories

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.

Transforming customer experience in insurance claims handling

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.
2024

What are the key governance, risk and compliance trends in 2024?

In ViClarity’s recent annual GRC trends report, the company focused on the key trends which are impacting many industries throughout 2024.
Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix, a comprehensive benefits administration platform.
UK

Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee

The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins...
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

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