BNPL

BNPL
Staples Adds Klarna’s Flexible Payment Options
November 19, 2024

Office supply retailer Staples now offers Klarna’s Pay Now, Pay in 4 and Financing options to customers shopping online at Staples.com. With these flexible payment options, customers can pay now, split their purchase into four interest-free payments or, for bigger buys, extend payments further, the companies said in a Friday (Nov. 15) press...

BNPL
Affirm Expands BNPL Travel Partnership With Priceline
November 18, 2024

Buy now, pay later provider Affirm has expanded its partnership with online travel firm Priceline. The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s B2B business, Affirm said in a Monday (Nov. 18) news release. This means that Priceline...

BNPL
Affirm CEO Says They Own Half of US Pay Later Revenue
November 07, 2024

Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected key performance indicators and projected strong holiday consumer spending during its fiscal first quarter conference...

BNPL
Sunbit Gets $355 Million to Grow BNPL Business
November 07, 2024

Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management following a $310 million facility earlier this year with Citi and...

BNPL
Affirm Begins Rollout of Pay-Over-Time Options in UK
November 03, 2024

Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied being fixed and calculated solely on the original principal amount, Affirm said in a Monday (Nov. 4) press release emailed...

BNPL
Zoom Picks Klarna for Flexible Premium Payments
October 31, 2024

Swedish FinTech Klarna has launched a payments partnership with video communications platform Zoom. The collaboration, announced by the buy now, pay later (BNPL) firm Thursday (Oct. 31), is designed to give consumers greater access to Zoom’s premium services.  “We want Klarna at every checkout, available...

BNPL
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now provides users with — among other things — easier access to personalized payment terms and interest-free offers via its app,...

BNPL
Klarna Valued at $14.6 Billion After Investor Raises Stake’s Value
October 28, 2024

Chrysalis Investments increased the value of its stake in Klarna, reportedly giving the buy now, pay later (BNPL) provider an implied valuation of around $14.6 billion. The shareholder boosted the value of its stake from 100.3 million pounds (about $130.1 million) in the second quarter...

BNPL
Marqeta to Embed BNPL in Payment Apps and Digital Wallets
October 28, 2024

Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment providers Klarna and Affirm and payments platform Branch, Marqeta said in a Monday (Oct. 28)...