Tag: BNPL

16 million UK residents unaware of debt risk with BNPL

Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...

Digital wallet transactions forecasted to reach $16trn by 2028

A groundbreaking study from Juniper Research, a leading authority on emerging payments, anticipates a sharp increase in digital wallet transactions, forecasting that the total...

AI-driven tech company Advance Intelligence Group secures $400m

Advance Intelligence Group, a Singapore-based AI-driven technology company, has successfully raised over $400m in its Series D round of financing. The funding round was led...

Hodoko teams with Citi to power payments on renewables marketplace

Hodoko has partnered with global financial services firm Citi to power payments for its first-of-its kind renewable energy marketplace Covento.

B2B BNPL FinTech Hokodo extends Series B with support from Citi

B2B BNPL and digital trade credit solution developer Hokodo has extended its Series B round with an undisclosed investment from Citi.

Why RegTech is a rising need for BNPL providers

Last month, the UK government released a draft legislation that will crack down on buy now, pay later firms, which had previously enjoyed little regulatory hurdles. However, times are changing.

Southeast Asian buy now pay later firm Kredivo nabs $270m

Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.

France-based invoice financing startup Aria nets €50m

France-based Aria, which offers embedded invoice financing, has reportedly collected €50m in a debt fundraising round from M&G Investments.

Klarna reports $1bn annual loss

Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.

BNPL giant Klarna to launch late fees in UK

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.

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