Tag: Buy now pay later

Turkey’s FinTech giant, Param, acquires Czech’s BNPL leader Twisto

Param, positioned as Turkey's top FinTech firm, has successfully acquired Twisto, a forerunner in the Czech Buy Now, Pay Later (BNPL) sector, setting its sights on broadening its European horizon.

BNPL funding cools off in H1 after $6.9bn investment frenzy in...

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

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.

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.

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.

BNPL giant Klarna makes it big in the US

After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.

Complaints against BNPL firms surges by 36%

Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.

Zilch becomes first BNPL to partner with UK debt charity StepChange

UK-headquartered buy now pay later (BNPL) FinTech Zilch has partnered with UK debt charity StepChange to help those during the cost-of-living crisis.

equipifi wins Audience Choice at FIS Fintech Accelerator’s demo day

equipifi, which provides banks and credit unions with buy now, pay later (BNPL) technology, has won the Audience Choice Award at the FIS Fintech Accelerator Program's Virtual Demo Day.

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