BNPL

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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.

/payments

Klarna enters booming subscription market with the launch of Klarna Plus in the US

Klarna, the AI powered global payments network and shopping assistant, today announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app for a monthly fee of $7.99.

/payments

Synchrony to acquire Ally Financial's point-of-sale financing business

Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.

/payments

DMI snaps up ZestMoney platform

The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.

/payments

Tamara BNPL service integrates with Paymob gateway

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.

/people

Sequoia partner Matt Miller appointed to Klarna board

Klarna, the AI powered global payments network and shopping assistant, announced today Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB.

/retail

Creditspring research reveals BNPL used to afford Christmas

Rising costs forced young people to use buy now, pay later (BNPL) to afford Christmas this year as a quarter (23%) of young people* admitted they were planning on buying their Christmas dinner this year using BNPL, according to new research from responsible lender, Creditspring.

/people

Flutterwave strengthens risk, compliance and partnership teams

Flutterwave, Africa's leading payments technology company, is excited to announce the appointment of several seasoned leaders from prominent financial services companies, including PayPal, Stripe, American Express, First Data, Western Union, and Square.

/payments

Affirm teams with Blackhawk Network on gift card purchases

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Blackhawk Network (BHN) - the leading distributor of digital gift cards in the U.S. - have partnered to bring consumers even more choice and flexibility for purchasing gift cards.

/payments

Drive Now Pay Later: Klarna brings BNPL to CarTrawler’s 250 partner travel websites

Klarna, the AI-powered payments network and shopping assistant, today announced an agreement with CarTrawler, the leading B2B technology provider of car rental and mobility solutions to the global travel industry.

/payments

Airbnb launches Pay Over Time with Klarna in UK

Airbnb and Klarna have joined forces to launch Pay Over Time with Klarna, a new way for guests in the UK to spread the cost of their reservation.

/payments

Klarna targets $1 trillion travel sector with Cathay Pacific tie-up

Klarna, the AI-powered payments network and shopping assistant, has partnered with premium airline Cathay Pacific to offer fairer, flexible payments to travellers in six countries across Europe.

/BNPL

Marqeta and Credi2 offer instalment capabilities to banks in Europe

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with credi2 to provide an end-to-end instalments platform designed for banks, helping them deliver instalment payments on cards to meet growing consumer demand for more flexible and seamless digital payments experiences.

/payments

Afterpay partners Rokt to expand ads business

Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, today announced its partnership with Afterpay, one of the global leaders in "Buy Now, Pay Later" payment.

/payments

Nexi and Compass forge BNPL pact

Nexi – the European PayTech – and Compass – the consumer credit company part of Mediobanca Group – announce a strategic partnership in the Buy Now Pay Later (BNPL) business.

/payments

Marqeta research finds an estimated 12 million Brits to buy Christmas now, pay later

Research from Marqeta, the global modern card issuing platform, reveals that an estimated 12 million UK consumers (17%) will turn to short term credit instalment plans this Christmas to afford presents and other essential items.

/payments

Klarna adds to retailer marketing and revenue suite

Klarna, the AI-powered global payments network and shopping assistant, today announced the expansion of its growth tools for retailers and creators to help them engage with their audiences in more effective ways and enhance the shopping experience for consumers.

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