Tag: AfterPay

Klarna and Afterpay just got more competition in the US as Australian buy now, pay later provider Openpay has just kicked off its operations in the country.

Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.

Buy now pay later startup Zilch has secured a consumer credit authorisation with the Financial Conduct Authority (FCA), which could be a first for the London-based venture.

London-based FinTech Zilch has officially launched its new feature Snooze, giving users the ability to delay repayment on an instalment, or an entire payment plan by between four to seven days.

Danish challenger bank Lunar has raised a €40m Series C round and is planning to go into the buy now, pay later market.

The instalments solutions war is heating up with PayPal bringing its Klarna-competing buy now, pay later service to the UK.

Klarna may soon arguably be named Europe's most valuable privately held FinTech after news broke that the payment firm is in talks with investors to raise new funding that would push its valuation across the $10bn mark.

Australian Robinhood-clone Superhero has bagged $8m with the aim to disrupt the nation's online investment industry.

Just days after Klarna announced that its losses had grown sevenfold in the first half of 2020, PayPal has launched a buy now, pay later offering similar to the one given by Klarna and its rivals such as AfterPay and Affirm.

Buy now, pay later company Afterpay will enter Europe through an an agreement with NBQ Corporate SLU to acquire Pagantis SAU and PMT Technology SLU.