Posts Tagged ‘BNPL’
Splitit hires payments exec Nandan Sheth as new CEO
Sheth, who was most recently at Fiserv, will start in his new role on 28 February, replacing interim CEO John Harper.
Read MoreKlarna brings in-store payments to UK consumers with physical card
The new Klarna Card, which has a waitlist of 400,000 in the UK, will allow shoppers to make in-store contactless BNPL purchases.
Read MoreInsight: How voluntary standards can de-risk the booming alternative lending market
The pandemic has cemented mass transition from traditional to alternative finance in the UK. A pandemic-driven cash flow crisis among businesses, and the rise of fintech and challenger banks, is spurring the rise of alternative lending models – with the market now worth £6.26 billion.
Read MoreTemenos unveils BNPL service on its banking cloud
The AI-driven BNPL banking service is a “pay-as-you-go” solution for banks and fintechs.
Read MoreBNPL provider Anyday teams up with Latvia’s Nordigen
Through the partnership, Anyday will be able to conduct more detailed credit checks.
Read MoreUK Government launches consultation on BNPL regulation
The consultation, which closes on 6 January 2022, is seeking views on the potential scope of regulation to ensure ‘proportionate approach’ is taken.
Read MoreAnyfin raises $52m to secure foothold in Germany
FinTech Collective led the funding round, taking the total equity capital raised to $101 million, as Anyfin said Germany will becomes its biggest market.
Read MoreMonzo and Curve enter BNPL with ‘Flex’ products
Competition in the buy now, pay later market is increasing, after Monzo launched ‘Monzo Flex’ and Curve unveiled ‘Curve Flex’ on the same day.
Read MoreBNPL firm DivideBuy secures £300m investment
The lending facility from Davidson Kempner Capital Management includes a minority equity investment.
Read MoreNew Funding Circle product gives businesses BNPL option
FlexiPay has been designed to help small businesses manage cash flow, with those approved able to immediately access between £2,000 and £30,000.
Read More