Tag: BNPL

A recent study by RFI Global has found that consumers worldwide are turning to buy now, pay later (BNPL) as a more responsible way to manage their purchases and cash flow.

Egypt-based credit app Lucky has scored $25m in a Series A round, which it claims is the largest of its type raised by a FinTech in the country.

UK-based buy now, pay later (BNPL) company Playter has raised $1.7m in a seed funding round.

Dutch buy bow, pay later platform in3 has scored $11.1m in fresh funding from Finch Capital.

PayTech platform Scalapay has become Europe’s latest unicorn, with it reaching the status after the close of a $497m Series B round.

A survey by FinTech Pave has found a majority of BNPL customers are worried about its impact on their credit score as the payment method has begun to show on credit reports.

Southeast Asia digital banking and finance platform Akulaku has received a $100m strategic investment from Thai full-service bank Siam Commercial Bank.

Denmark-based buy now, pay later (BNPL) firm ViaBill has secured $120m from an equity and debt round to bring the payment method to physical retail.

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

British bank Barclays has called for more regulation around buy now, pay later products (BNPL) after research revealed a lack of consistent affordability assessments.