Buy Now Pay Later (BNPL)

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.

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.

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.

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.