Klarna reports $1bn annual loss
Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
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.
Allianz Trade, Two and Santander team up for BNPL solution
Allianz Trade, Two, a business-to-business (B2B) e-commerce payments platform, and Santander CIB, have partnered to provide the first global B2B Buy Now Pay Later (BNPL) solution for large multinational corporates.
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.
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.
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.
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.
Zilch becomes first BNPL to partner with UK debt charity StepChange
UK-headquartered buy now pay later (BNPL) FinTech Zilch has partnered with UK debt charity StepChange to help those during the cost-of-living crisis.
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.
Walmart Canada introduces Klarna’s BNPL solution
Walmart Canada has partnered with Klarna to provide its customers with a convenient Buy Now, Pay Later (BNPL) option when shopping.
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