Tag: Buy now pay later

Norwegian FinTech startup Tillit is apparently about to raise €2.5m in a new funding round just as the buy now pay later industry is heating up.

Buy now, pay later platform ePayLater has reportedly raised around $2.5m in funding to support its growth.

A UK regulator has moved to toughen up the playbook for buy now pay later (BNPL) companies, which has been welcomed by the PwC.

The buy now pay later sector may have had its best year ever in 2020, but now the UK’s top financial watchdog is calling for stricter rules “to protect consumers”.

Buy now and pay later solution provider Scalapay has scored $48m in a seed round of funding, continuing the recent surge of funding for these types of FinTechs.

Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.

Klarna was briefly Europe’s highest valued FinTech in 2020 and while the FinTech company has helped shape buy now and pay later services, there are many more gaining a lot of traction.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

Buy now, pay later solution Pace Enterprise has reportedly secured a seven figure seed funding round.