Posts Tagged ‘buy now pay later’
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 MoreLink Money teams up with Bold Commerce to enable Open Banking payments
Brands that use Bold Commerce’s checkout will be able to offer Link Money’s Pay by Bank solution in the US.
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 MoreZopa Bank raises £75m in ‘clear market validation’ of financial performance
The digital bank also revealed it now serves more than one million customers, as it targets five million customers by 2027.
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 MoreMediobanca and Founders Factory form joint venture to invest in fintechs
Together, the Italian investment bank and Founders Factory will build and invest in 35 fintechs over the next five years.
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.
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