Tag: BNPL

Embedded financial services are increasingly becoming the preferred choice for European consumers. The prime reason for this preference is the easier access to these services when compared to traditional banking institutions.

Klarna has revealed that it is the first bank to adopt Open AI's Chat GPT Enterprise platform, as it continues to lead the race for AI implementation into online banking.

Sileon, a state-of-the-art software-as-a-service (SaaS) provider, has inked a partnership with ZorrzTM Finance, a pioneering FinTech entity focused on democratising credit access through artificial intelligence.

Koverly, a global B2B payments solution providing payment flexibility alongside reduced foreign exchange rates, has introduced KoverlyPay, a novel buy now, pay later (BNPL) service.

BNPL Splitit has revealed it is planning to delist from the ASX after securing up to $50 million from Motive Partners. 

Funding for Buy Now Pay Later (BNPL) has dropped significantly in 2023 and the sector is on track to report its lowest deal activity...

Funding for Buy Now Pay Later (BNPL) has dropped significantly in 2023 and the sector is on track to report its lowest deal activity...

Swedish BNPL giant Klarna has revealed that its service is now experiencing rapid growth across Canada. 

Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 

Improving the customer experience has become one of the biggest priorities for financial services. In fact, 63% of firms place customer experience as their number one focus as they try to meet the evolving demands of their customers. Lending is one area of finance where the fight to provide the best customer experience is really heating up. Many have even dubbed it as the next major battlefield.