E-commerce

Juni, the financial companion for e-commerce entrepreneurs, has launched its new VISA credit card in the UK.

French Buy Now, Pay Later (BNPL) startup Alma has closed a $130m Series C round in addition to $109m in debt financing.

Global logistics platform Flexport raised $935m in a Series E funding round on its mission to boost supply chain resilience and visibility.

Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.

Pay Theory, which claims to build financially inclusive payments for families, has bagged $2m in its seed funding round.

Research by Splitit has found that 54% of UK credit card users plan to use buy now, pay later (BNPL) services this year.

NachoNacho, a SaaS management platform, has collected $3m in its seed funding round.

Wayflyer, a revenue-based financing and growth platform for e-commerce businesses, has landed $150m in Series B funding, bringing its valuation to $1.6bn.

Mastercard has expanded Mastercard Installments, its Buy Now, Pay Later (BNPL) product, to consumers in the United Arab Emirates (UAE) and Saudi Arabia.

Buy Now, Pay Later (BNPL) services are becoming synonymous with debt. These services have come under fire for misleading consumers and putting vulnerable users at risk. Regulatory crackdown has loomed on the horizon for some time now, but what do BNPL companies have to say for themselves in the meantime?