Posts Tagged ‘BNPL’
FCA authorises Klarna to provide regulated credit and payments services
Klarna has established a new UK-based entity, Klarna Financial Services UK, ahead of the expiration of the regulator’s Temporary Permissions Regime.
Read MoreFCA: ‘Significant increase’ in use of BNPL by UK adults
The Financial Conduct Authority also revealed it has secured contract changes to “potentially unfair and unclear contract terms” at two unregulated BNPL firms.
Read MoreZorrz Finance adds Sileon’s BNPL functionality to credit offering
The partnership will launch later this year and meets the “growing appetite for instalment payments in the UK” Sileon’s chief executive officer said.
Read MoreKlarna reports ‘phenomenal growth’ across Europe led by UK
The global payments network has launched in 11 European markets since 2020, and has partnered with more than 470,000 merchants.
Read MoreJifiti and Tabit team up to offer Canadian merchants embedded B2B financing
The partnership between Jifiti and Tabit will help businesses in Canada to finance their purchases.
Read MoreKlarna reports ‘rapid growth’ in Canada
The global payments network has reached 640,000 active customers in the country in less than 18 months.
Read MoreKlarna gives customers ‘simplified route’ to debt advice through new partnership
The BNPL provider has partnered with the Money Adviser Network, which connects consumers directly to StepChange, Citizens Advice and the National Debtline.
Read MoreTilta’s lending solution for ecommerce marketplaces goes live on Mambu
Partnership comes amid a “growing appetite for seamless payment methods during the B2B purchasing experience”, according to Mambu’s Scott Wilson.
Read MoreFeature: Assessing the rise of BNPL in the UK as regulation looms
As the UK’s buy now, pay later sector continues to grow and readies for regulation, are concerns about consumer demand in a cost-of-living crisis justified, or is it experiencing growing pains?
Read MoreApple releases BNPL offering ‘Pay Later’ in the US
Users of Apple Pay Later will be able to pay for purchases in four instalments, without being charged interest or fees.
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