Tag: Buy now pay later

UK-cross border retail has declined by 71%, according to research by payments platform Adyen.

 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.

B2B buy now, pay later service provider Hokodo has picked up $40m in funding as it looks to expand into new European markets and build new products.

Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.

Nigerian FinTech buy now, pay later service CredPal has received an investment from the Cairo Angels Syndicate Fund (CASF).

German buy now, pay later platform Mondu has scored $43m in its Series A funding round, which was led by seasoned FinTech investor Valar Ventures.

European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.

Buy now, pay later companies operating in Ireland will now need to be authorised by the Central Bank of Ireland, following an extension to the Consumer Protection Act 2022.

Buy now, pay later provider Cashew has reportedly raised $10m in a mixture of debt and equity to support its expansion plans.