Tag: BNPL

UK-based buy now pay later startup Zilch raised $80m in a Series B funding round led by Gauss Ventures and M&F Fund and is now valued at over $500m.

London-based FinTech platform Butter has closed a £15.8m funding round to accelerate the rollout of its open-banking based buy-now-pay-later (BNPL) shopping app alongside developing its travel offering.

Buy-now-pay-flexibly platform for micro, small and medium enterprises, Rupifi raised $4.1m in a pre-Series A round.

Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.

Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

A UK regulator has moved to toughen up the playbook for buy now pay later (BNPL) companies, which has been welcomed by the PwC.

Buy now and pay later solution provider Scalapay has scored $48m in a seed round of funding, continuing the recent surge of funding for these types of FinTechs.

Klarna was briefly Europe’s highest valued FinTech in 2020 and while the FinTech company has helped shape buy now and pay later services, there are many more gaining a lot of traction.

British consumers spent £2.3bn through buy now pay later schemes to fund their Christmas in 2020, according to new research from Credit Karma.