Tag: BNPL
Survey finds majority of BNPL customers anxious of its impact on...
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.
Indonesia-based Akulaku scores $100m strategic investment
Southeast Asia digital banking and finance platform Akulaku has received a $100m strategic investment from Thai full-service bank Siam Commercial Bank.
Danish BNPL ViaBill lands $120m funding
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.
FCA locks in changes to BNPL terms to cut consumer risk
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.
Barclays demands BNPL regulation to protect consumers
British bank Barclays has called for more regulation around buy now, pay later products (BNPL) after research revealed a lack of consistent affordability assessments.
Majority of UK credit card holders plan to use BNPL in...
Research by Splitit has found that 54% of UK credit card users plan to use buy now, pay later (BNPL) services this year.
Buy Now, Pay Later providers bite back to debt critics
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?
PayTech Vartana launches following $57m seed raise
Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.
2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.
Railsbank jumps into BNPL market with white-label solution launch
Banking-as-a-service firm Railsbank has unveiled a new white-label buy now, pay later credit solution for retailers.