Tag: BNPL

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

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.

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.

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.

Pace, a Singaporean FinTech company offering buy now, pay later services, has collected $40m in its Series A funding round.

FinTech company Kafene has scored $75m in debt and equity funding as it looks to scale its market footprint across the US.

Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.

Philippines-based buy now, pay later solution Plentina has reportedly received $2.2m in fresh funding, as it sets its sights on international expansion.

Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?