Buy now, pay later (BNPL) firm Klarna is preparing to raise new funds in a weak environment, a move that has reduced its valuation to roughly $6.5 billion, the Wall Street Journal reported Friday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Australian buy now, pay later (BNPL) firm Openpay Group is pulling out of the U.S. after only a few months in the country, Reuters reported on Friday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cairo-based FinTech Hollydesk announced on Thursday (June 30) a buy-now-pay-later (BNPL) option that lets its small business customers pay vendors over a 30-to-90 day period. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
London-based buy now, pay later (BNPL) provider Zilch announced Thursday (June 30) that it has secured an additional $50 million investment for its Series C funding round, Tech Funding News reported. The total investment for the round now stands at $160 million. Get the Full...
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ZoodPay, a Swiss buy now, pay later (BNPL) solution, Wednesday (June 29) announced a deal with Shopini, an Iraqi retailer and eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
BNPL’s popularity is growing among older, more economically secure demographics. In this month’s "Buy Now, Pay Later Tracker," PYMNTS talked with Joy Elena, founder of online mattress retailer Sleepenvie, who explains why older consumers are drawn to the convenience of breaking up large payments online...
When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail will come to a screeching halt. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...