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