Tag: Buy now pay later

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

Saudi Arabia-headquartered Tamara, a buy-now-pay-later (BNPL) platform, has scored the largest Series A in MENA.

Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.

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.