BNPL

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Monzo ‘takes 20% of Buy Now Pay Later market’ in a year

A new study indicates the online bank Monzo has recently transformed into a major provider of buy-now-pay-later (BNPL) credit, going from almost zero to 20% of the market in one year.

/payments

Klarna Card waitlist opens in US

Klarna, the AI powered global payments network and shopping assistant, today announced it has opened its waitlist for the new Klarna Card to all US consumers.

/payments

Kueski rolls out in-store mobile payments tech

Kueski, the leading buy now, pay later (BNPL) and online consumer lender in Latin America, announced the launch of the in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024.

/payments

Klarna launches data hub with facts on how Brits use its credit products

Klarna, the AI-powered global payments network and shopping assistant, today announced Wikipink, an industry-first data hub with facts on how UK consumers are using Klarna’s credit products.

/retail

UnaFinancial launches lending app in the Philippines

UnaCash, an in-app and in-store financial solutions provider, was launched in 2021 in the Philippines as part of UnaFinancial, a Singapore-headquartered fintech group.

/retail

Network International and Souhoola partner for BNPL service in Egypt

Network International (Network) (www.Network.global/), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has entered into a strategic partnership with leading fintech solutions provider, Souhoola, to enable merchants with the capability to offer ‘Buy-Now-Pay-Later’ (BNPL) payments at its networkpay point of sale terminals in Egypt.

/payments

Zilch selects Checkout.com as global acquiring partner

Zilch, the world’s first ad-subsidised payments network (ASPN), today announces it has selected Checkout.com, the digital payments solution provider, as its primary acquiring partner globally, with a particular focus on the UK and USA.

/payments

Float secures $11 million in funding

Standard Bank has provided an $11 million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years.

/payments

Chubb and Atome announce Southeast Asia partnership

Chubb, a world leader in insurance, and Atome, one of Southeast Asia’s leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome’s customers in Singapore, Malaysia, the Philippines and Indonesia.

/payments

Galileo adds post-purchase installment payments to BNPL offering

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), announced today an expansion of their Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account.

/payments

EazyPay to provide Tabby's buy now, pay later on POS temrinals network

Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, proudly announces is collaboration with Tabby, MENA’s leading shopping and financial services apps.

/payments

Klarna adds open banking settlements for 18 million consumers and 32,000 retailers

Klarna, the AI-powered payments network and shopping assistant, has begun to roll out open banking-powered settlements in the UK.

/payments

DailyPay connects to Visa+

DailyPay, a proud launching partner for Visa+, announced today that the innovative new service is available to DailyPay’s millions of users nationwide.

/payments

Uqudo and Tamara join forces to revolutionize identity verification in BNPL transactions

Uqudo, the leading digital identity company in the MEA region, has entered into a groundbreaking collaboration with Tamara, a prominent fintech platform in Saudi Arabia and the GCC region.

/payments

Tabby launchees Pay in 4 subscription service

Tabby, MENA’s leading shopping and financial services app has introduced Tabby+, a monthly subscription service in the UAE.

/payments

Buy Now, Pay Early: 97% of Klarna Black Friday purchases paid off on time or early

Klarna, the AI-powered global payments provider and shopping assistant, has revealed UK consumers paid off 97.4% of Black Friday orders on time or early, an increase of 2% compared with last year.

/payments

Adyen and Billie to bring buy now, pay later to businesses across Europe

Adyen, the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payments services.

/payments

Episode Six selected to join Mastercard Engage Programme for instalments in Europe

Building upon its initial enrolment in the Mastercard Engage Programme, Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, announced it has been selected to join the Mastercard Engage Programme for its instalments solution in Europe.

/payments

Inbank turns to Montonio for BNPL offering in Estonia

Inbank has entered into an exclusive partnership with Montonio, a leading provider of checkout solutions in Estonia.

/payments

Italian fintech Opyn on the hunt for M&A opportunities

Opyn, leading Italian Lending-as-a-Service platform, scales up in the European Union, Switzerland, and the UK with its proprietary Buy Now Pay Later solution for B2B, Opyn Pay Later, and targets M&A opportunities.

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