BNPL

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Chase stops customers using credit cards to make BNPL instalment payments

/payments

Chase stops customers using credit cards to make BNPL instalment payments

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

Klarna lines up banks for 2025 IPO - FT

/payments

Klarna lines up banks for 2025 IPO - FT

Swedish BNPL outfit Klarna is lining up potential financial advisors for a US initial public offering that could happen in the first half of next year, according to the Financial Times.

/regulation

American Fintech Council responds to CFPB buy now, pay later rules

The American Fintech Council (AFC), the fastest growing premier industry association representing responsible fintech companies and innovative banks, submitted its response to the Consumer Financial Protection Bureau (CFPB) on the proposed Interpretive Rule and Request for Comment on the Use of Digital User Accounts to Access Buy Now, Pay Later Loans.

Divido calls in the administrators

/payments

Divido calls in the administrators

White label buy now, pay later player Divido has been declared insolvent.

EPI launches wero wallet in Germany

/payments

EPI launches wero wallet in Germany

The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.

/payments

Klarna to provide BNPL for Adobe Commerce merchants

Klarna, the AI-powered global payments network and shopping assistant, today announced it’s partnered with Adobe Commerce to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options.

/payments

Sezzle brings Payment Streaks feature to Canada

Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) // – Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users.

/payments

Visa brings instalment payments to Amazon customers in Canada

Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choice at checkout.

/payments

Klarna Plus hits US customer milestone

Klarna, the AI powered global payments network and shopping assistant, today announced that Klarna Plus, issued by WebBank, has reached a significant milestone of 100,000 subscribers in the US since its launch earlier this year.

Klarna sells Checkout business

/payments

Klarna sells Checkout business

Klarna is selling its online checkout business to a consortium of investors for around €485 million in order to remove the conflict of interest it created with partners such as Adyen and Stripe.

Zilch secures £100 million financing deal

/payments

Zilch secures £100 million financing deal

With one eye on an IPO in 2025, London-based buy now, pay later firm Zilch has secured £100 million in securitised debt financing arranged by Deutsche Bank (DB).

BNPL firm Laybuy enters receivership

/payments

BNPL firm Laybuy enters receivership

New Zealand-based Buy now, pay later lender Laybuy has entered receivership after failing to find a buyer for the ailing business.

Apple shuts down Apple Pay Later

/payments

Apple shuts down Apple Pay Later

Apple is killing off its buy now, pay later service just a year after launch as it switches its focus to working with third parties for instalment loans.

/payments

Nexi and Mediobanca credit arm Compass extend BNPL to e-commerce segment

Nexi, the European PayTech leader, and Compass, the Mediobanca Group’s consumer credit arm, are consolidating their strategic partnership in the Buy Now Pay Later (BNPL) segment by expanding it to include the e-commerce channel as well.

/payments

Muse teams with Xero and Allianz Trade to launch new BNPL service

Muse Finance, a leading financial technology company, is excited to announce the launch of musePay, its Buy Now, Pay Later (BNPL) integration with global small business platform, Xero.

/payments

UK supermarket chain Sainsbury's signs up with Klarna

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU.

Santander BNPL platform to provide installment payments for Apple customers in Germany

/payments

Santander BNPL platform to provide installment payments for Apple customers in Germany

Santander's buy now, pay later platform Zinia has been selected by Apple in Germany to provide BNPL installment plans for consumer purchases both online and in person.

/payments

Sainsbury's agrees BNPL deal with Klarna

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU.

/payments

Affirm introduces Pay in 2 and Pay in 30 BNPL options

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range of transactions.

Australia introduces BNPL rules

/regulation

Australia introduces BNPL rules

Australia's government is prepping legislation that would require buy now, pay later providers to carry out basic credit checks on new customers.

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