Buy Now Pay Later (BNPL)

Alif expands into the UAE with Alif Pay

World-leading FinTech Alif is set to launch its raft of financial services across the United Arab Emirates (UAE).

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.
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.
buy-now-pay-later-klarna-reports-losses

Klarna Australia reports disastrous losses

Buy now, pay later (BNPL) provider Klarna Australia has reportedly haemorrhaged $56m in losses last year.
Jifiti's Tap Now, Pay Later transforms digital wallet transactions

Jifiti’s Tap Now, Pay Later transforms digital wallet transactions

Jifiti has unveiled its latest breakthrough in financial technology, the Tap Now, Pay Later™ system, which facilitates effortless loan deployments for banks through all major digital wallets at any sales point.
Aplazo raises $70m in Series B funding to enhance BNPL solutions in Mexico

Aplazo raises $70m in Series B funding to enhance BNPL solutions in Mexico

Aplazo, a Mexico-based BNPL (Buy Now, Pay Later) FinTech platform, recently announced the closure of an impressive $70m in equity funding.
Klarna joins forces with Adobe to revolutionize payment flexibility for global merchants

Klarna joins forces with Adobe to revolutionize payment flexibility for global merchants

Klarna, the AI-powered global payments network and shopping assistant, and Adobe Commerce, a leader in digital commerce solutions, have announced a strategic partnership.
Black Friday BNPL risk: 16m Brits unaware of debt dangers

Black Friday BNPL risk: 16m Brits unaware of debt dangers

Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.
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.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

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.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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