Tag: BNPL

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.

European BNPL APEXX Global launches in the US

International payments platform APEXX Global has entered the US market as the company looks to ride the growing buy now, pay later wave in the country.

What were the biggest PayTech deals of 2021?

In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.

Fly Now Pay Later raises $75m for expansion across US

Fly Now Pay Later, which offers buy now pay later services to the travel industry, has scored $75m in a debt funding package. Atalaya Capital...

Amazon taps Barclays to provide flexible payment offering to customers

Amazon has partnered with Barclays to secure access to Instalments, a flexible payment service that will enable Amazon customers in the UK to pay for products in instalments.

Black Friday could cause more victims of BNPL fraud

Buy now, pay later (BNPL) transactions have increased by 182% in 12 months, but as Black Friday looms, LexisNexis Risk Solutions has warned the risk of fraud is high.

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

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