Tag: POS Lending

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Leanpay, a trailblazer in the Buy Now Pay Later (BNPL) and Point-of-Sale (POS) lending sector, has announced the completion of a €10m Series B funding round.

Real-time lending and payment software provider Artis Technologies has bagged $7m in its Series A funding round.

Zilch, a London-based FinTech pegged to be the rival to Klarna, has closed an additional $30m in funding to close an oversubscribed pre-Series B in under three weeks.

Koto has launched its services after reportedly closing a £1.3m funding round, as it looks to reach 50,000 users in the UK.

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.

Flexible payment solution Fly Now Pay Later has reportedly secured £35m in a funding round which was comprised of both debt and equity.

Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.

The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.