Tag: pay later (BNPL) market

Rakim Mayers, better known as A$AP Rocky, has become a shareholder in Sweden-based FinTech unicorn Klarna and assumed the role of company CEO for a day.

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?

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.

FinTech company that helps consumers spread the cost of their travel over a flexible duration Fly Now Pay Later raised a further £10m in Series A funding, bringing its total to £45m.

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...