Buy Now Pay Later (BNPL)

Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?

Tabby, a BNPL services company based in the MENA region, has closed its Series C round on $58m, which brings its valuation to $660m.

B2B payments company Mondu has extended its Series A funding round by $13m, as it looks to bolster its market growth.

Singapore-based B2B BNPL and insurance player actyv.ai has collected $12m in its pre-Series A funding round, as it explores global expansion efforts.  

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.

equipifi, which provides banks and credit unions with buy now, pay later (BNPL) technology, has won the Audience Choice Award at the FIS Fintech Accelerator Program's Virtual Demo Day.

San Francisco-based PayZen, which offers buy now, pay later services to the healthcare industry, has reportedly raised $20m in equity.

Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.

Buy now, pay later (BNPL) provider Klarna Australia has reportedly haemorrhaged $56m in losses last year.

Tymit, a buy now, pay later (BNPL) startup, has raised £23m in Series A funding to help its members achieve financial stability.