Buy Now Pay Later (BNPL)

Paymob, a leading financial services enabler in the Middle East and North Africa (MENA), has announced a strategic partnership with Woo, the open-source e-commerce platform.

Paymob partners with WooCommerce to enhance digital payments in MENA

Paymob, a leading financial services enabler in the Middle East and North Africa (MENA), has announced a strategic partnership with Woo, the open-source e-commerce platform.
Klarna has expanded its partnership with Stripe, enabling businesses in 25 countries to instantly offer its AI-powered global payments and shopping assistant services through Stripe’s financial infrastructure platform.

Klarna and Stripe expand global partnership to drive merchant growth with BNPL offerings

Klarna has expanded its partnership with Stripe, enabling businesses in 25 countries to instantly offer its AI-powered global payments and shopping assistant services through...
BNPL giant Klarna has deepened its partnership with Zalando by launching its ‘Pay in 3’ option in Germany, Austria, the Netherlands, Poland, and Denmark.

Klarna and Zalando expand partnership to boost flexible payments in five new markets

BNPL giant Klarna has deepened its partnership with Zalando by launching its ‘Pay in 3’ option in Germany, Austria, the Netherlands, Poland, and Denmark. This strategic...
JeelPay secures $6.6m to grow BNPL platform for tuition financing

JeelPay secures $6.6m to grow BNPL platform for tuition financing

Saudi BNPL company JeelPay, a specialist in education-focused financing solutions, has successfully raised SAR 25m ($6.6m) in a Pre-Series A investment round.
Klarna, the AI-powered global payments network and shopping assistant, has expanded its footprint to Canada.

Klarna expands Apple Pay integration to Canada with flexible payment options

Klarna, the AI-powered global payments network and shopping assistant, has expanded its footprint to Canada. The new product was launched to provide Canadian consumers with...
HSBC UK, a leading provider of banking and financial services, has announced the launch of Flexipay, a point-of-sale (POS) finance product aimed at entering the growing buy now, pay later (BNPL) market in the United Kingdom.

HSBC UK partners with Ovo for BNPL market debut

HSBC UK, a leading provider of banking and financial services, has announced the launch of Flexipay, a point-of-sale (POS) finance product aimed at entering...
Colombian FinTech Addi secures $100m credit facility from Victory Park Capital

Colombian FinTech Addi secures $100m credit facility from Victory Park Capital

Colombian FinTech company Addi, a leader in payment solutions for consumers and merchants, has secured a $100m credit facility from Victory Park Capital (VPC), a global alternative investment firm specialising in private credit.
BNPL giant Klarna has announced that Google Pay users in the U.S. will have access to the firm's interest-free payment solutions at checkout, as part of a new partnership.

Klarna partners with Google Pay to offer flexible payment options in the U.S.

BNPL giant Klarna has announced that Google Pay users in the U.S. will have access to the firm's interest-free payment solutions at checkout, as...
Renovus Capital Partners, a private equity firm based in the Philadelphia area, is excited to announce its majority investment in Performive, a leading provider of managed IT services for mid-market enterprises. The investment will enable Performive to accelerate its growth across product innovation, customer experience enhancement, partner enablement, and other strategic initiatives. Founded in 2005, Performive is a managed services provider focused on cloud services, infrastructure services, and cybersecurity. The Company prides itself on offering mission critical services to its thousands of customers, helping them scale, secure their environments, and optimize their operations, and is well-recognized in the industry for its technical expertise and exceptional service. The strategic investment from Renovus will enable Performive to continue to build out its solution offerings, grow its best-in-class team, and pursue acquisitions that align with its commitment to delivering high value, customer-focused services. "We're incredibly proud of the foundation we've built at Performive and excited for what's ahead," said Gary Simat, Co-Founder and CEO of Performive. "This partnership with Renovus is a pivotal moment that will fuel our continued innovation and allow us to enhance the customer experience and drive greater value for our clients. With this investment, we're ready to accelerate our goal of becoming a leading MSP serving mid-market enterprises across the U.S." "We built a thesis on investing in differentiated MSPs with highly recurring revenue, critical service offerings, and a relentless focus on customers, and Performive fits this profile perfectly," said Jason Tanker, Managing Director at Renovus. "We see tremendous growth potential in Performive's platform and are excited to partner with the team to accelerate the company's expansion, both organically and inorganically." Performive is Renovus' first platform out of Renovus IV, which launched in October 2024 with $875 million of total commitments. Layer 7 Capital served as exclusive financial advisor and McDermott Will & Emery served as legal counsel for Performive. DLA Piper served as legal counsel for Renovus. About Performive Founded in 2005, Performive is a leading managed IT services provider, specializing in managed IT infrastructure, cloud solutions, and cybersecurity for mid-market enterprises. With deep technical expertise and a relentless focus on customer success, Performive empowers businesses to optimize their IT operations and achieve sustainable growth.

MODIFI captures $15m investment to expand SME exports in Asia

MODIFI, a leader in B2B Buy Now, Pay Later (BNPL) solutions, recently announced a substantial $15m investment.
Sunbit partners with J.P. Morgan for a $355m debt facility

Sunbit partners with J.P. Morgan for a $355m debt facility

Sunbit, a prominent player in the FinTech sector, has successfully closed a $355m debt warehouse facility.

News Stories

FinTech sector continues to hum along with 22 deals recorded this week

Just over $500m - $544m – was raised this week in the FinTech sector, spread across a healthy 22 deals recorded by FinTech Global.  This...

Covr appoints Ryan Bivins as head of sales

Covr Financial Technologies has appointed Ryan Bivins as head of sales, bolstering its leadership team as the business scales its national distribution platform and...
Hexure launches first digital NIGO resubmission workflow

Hexure launches first digital NIGO resubmission workflow

Hexure, a leader in AI-powered sales automation for insurance and financial services, has launched what it says is the first fully digital, end-to-end workflow...
compliance

Why 99% AI accuracy can mislead compliance

AI is rapidly reshaping supervisory controls across financial services, with 94% of firms either deploying or planning to deploy AI-based detection tools. From communications...

Willis and Belfry partner to simplify security insurance

Willis, a WTW business, has partnered with physical security software platform Belfry and InsurTech firm Kayna to launch a digital insurance programme tailored for...

120,000+ FinTech leaders get exclusive industry stories delivered every week