Tag: BNPL

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has been selected to join the Mastercard Engage Programme for its instalments solution in Europe.

Sunbit, an acclaimed pioneer in the FinTech industry, recently announced a major milestone, securing a $310m debt warehouse facility.

Mondu, the burgeoning B2B payments company, has successfully secured an additional €30m in debt financing from the German financial institution, Vereinigte Volksbank Raiffeisenbank (VVRB). This new injection of funds raises Mondu's total financing to €50m, following an initial €20m loan obtained from VVRB in late 2022.

Gouda-based Billink, a key player in Netherlands' BNPL sector, has successfully secured a substantial €29.5 million in funding.

Paymob, a leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), has formed a strategic partnership with Tamara, the premier shopping and payments platform in the GCC region.

Creditspring's research reveals a reliance on BNPL services among young people in the UK, particularly for managing Christmas expenses.

Splitit, an innovative white-label, fully-embedded payments technology that lets customers pay in installments using their existing cards, has successfully secured the first $25m of a substantial $50m growth commitment from Motive Partners.

Mondu, a rapidly evolving B2B payments company, and Mangopay, a modular payment infrastructure provider, have announced a significant collaboration.

Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.

Marqeta has announced a new new partnership with Credi2 that is poised to reshape bank offerings through an end-to-end instalments platform.