Tag: BNPL

UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.

Ramp, the first finance automation platform and corporate card designed to help firms spend less, has expanded its platform to help companies make flexible payments.

The FCA has warned companies that offer buy now pay later (BNPL) products that their BNPL financial promotions must comply with financial promotion rules.

BlueTape, which offers buy now, pay later (BNPL) services to the construction industry, has raised $55m in a mix of debt and equity.

 Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.

The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.

Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.

Openpay, an Aussie buy now, pay later (BNPL) company, has ended operations in the US market and laid off the majority of its staff in the country, Reuters has claimed.

 UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.

B2B buy now pay later platform Playter has reportedly collected $55m in funding, which was mixed with debt and equity.