Egyptian FinTech Valu closes sixth issuance in a securitised bond offering
Egyptian FinTech Valu has announced that it has closed its sixth securitised bond issuance worth $29.8m.
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.
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.
Klarna Australia reports disastrous losses
Buy now, pay later (BNPL) provider Klarna Australia has reportedly haemorrhaged $56m in losses last year.
Zilch launches Zilch Up to provide access to more affordable credit
Zilch has introduced a groundbreaking product aimed at empowering individuals who are traditionally excluded from mainstream credit.
Complaints against BNPL firms surges by 36%
Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.
Klarna continues strong growth in Canada
Swedish BNPL giant Klarna has revealed that its service is now experiencing rapid growth across Canada.
Airwallex partners with Atome to offer BNPL services in Asia
Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.
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.
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%.
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