Tag: Zilch
Does regulation pose a threat to buy now, pay later market...
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?
Klarna rival Zilch banks $80m at a valuation of $500m to...
UK-based buy now pay later startup Zilch raised $80m in a Series B funding round led by Gauss Ventures and M&F Fund and is now valued at over $500m.
Klarna rival Zilch launches buy now pay later feature for in-store...
UK-based buy now pay later (BNPL) FinTech firm Zilch introduced a ‘tap and pay-over-time’ solution which enables high street shoppers to make in-store purchases and pay later.
FCA calls for stricter buy now pay later regulations “to protect...
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”.
Seven companies that are showing the rising demand in buy now...
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.
Tamara secures $6m in new investment round as buy now pay...
Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.
These 29 FinTech companies ended 2020 on a high and with...
As the year draws to a close, most people will be happy to see the back of it. However, these 29 FinTechs managed to end 2020 on a high by raising funding last week.
Klarna rival Zilch raises $30m to support its continued growth
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.
Openpay has officially launched in the US
Klarna and Afterpay just got more competition in the US as Australian buy now, pay later provider Openpay has just kicked off its operations in the country.
Zilch secures FCA authorisation as it aims to take on Klarna...
Buy now pay later startup Zilch has secured a consumer credit authorisation with the Financial Conduct Authority (FCA), which could be a first for the London-based venture.