Tag: BNPL

Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.

Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.

Buy now pay later (BNPL) firm Klarna has seen its net losses almost quadruple after it has been beset by a raft of challenges including high credit losses.

EarlySalary, which claims to be India’s largest lending FinTech, has bagged $110m for its Series D round, which was led by TPG’s The Rise Fund and Norwest Venture Partners.

UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.

Ramp, the first finance automation platform and corporate card designed to help firms spend less, has expanded its platform to help companies make flexible payments.

The FCA has warned companies that offer buy now pay later (BNPL) products that their BNPL financial promotions must comply with financial promotion rules.

BlueTape, which offers buy now, pay later (BNPL) services to the construction industry, has raised $55m in a mix of debt and equity.

 Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.

The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.