Tag: BNPL

Rakim Mayers, better known as A$AP Rocky, has become a shareholder in Sweden-based FinTech unicorn Klarna and assumed the role of company CEO for a day.

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

US PayTech Resolve has raised $60m in funding to expand its embedded billing platform for business-to-business (B2B) companies.

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.

Amidst the popularity of buy now, pay later (BNPL) solutions, the Monetary Authority of Singapore (MAS) has raised growing concerns over consumers drowning in unseen debt.

FinTech company that helps consumers spread the cost of their travel over a flexible duration Fly Now Pay Later raised a further £10m in Series A funding, bringing its total to £45m.

Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.

In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.