Tag: BNPL

Buy now, pay later (BNPL) giant Klarna has introduced a platform that connects retailers with creators and influencers to help them reach their target markets.

San Francisco-based PayZen, which offers buy now, pay later services to the healthcare industry, has reportedly raised $20m in equity.

The Financial Conduct Authority (FCA) has said buy now, pay later heads could face up to two years in jail if they fail to tow the line on financial promotion rules.

Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.

Buy now, pay later (BNPL) platform Sezzle has entered a $100m credit facility agreement with affiliates of Bastion Management II.

BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.

Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.

Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.

Buy now pay later (BNPL) firm Klarna has seen its net losses almost quadruple after it has been beset by a raft of challenges including high credit losses.

EarlySalary, which claims to be India’s largest lending FinTech, has bagged $110m for its Series D round, which was led by TPG’s The Rise Fund and Norwest Venture Partners.