Revolut is piloting a buy now, pay later (BNPL) product in Ireland for its 1.9 million customers there, with plans to launch the installment credit service in Poland and Romania later this year. Get the Full Story Complete the form to unlock this article and...
For an industry that’s typically laser-focused on frictionless services, it’s rare to hear calls for any sort of friction — let alone that it’s good for consumers who increasingly desire faster, more convenient and seamless services. Get the Full Story Complete the form to unlock...
Klarna is disputing new research into the buy now, pay later (BNPL) industry published by Barclays with debt charity StepChange that warns of the many people who could fall into financial peril due to unregulated financial products. Get the Full Story Complete the form to...
Singapore buy now, pay later (BNPL) integration platform Optty has said its services will now include the offerings of Pace, a Singapore FinTech, a press release said Wednesday (June 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Australian buy now, pay later (BNPL) company Zip is planning merchant and consumer fee hikes to help it ride out a tough market environment of soaring inflation, rising interest rates and tighter regulations, according to a Thursday (June 22) press release. Get the Full Story...
Following an explosion of buy now, pay later (BNPL) use in the past few years, transaction volumes are expected to hit $680 billion worldwide by 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users — but new rules aren’t likely to be in place until mid-2023. Get the Full Story Complete the form to unlock...
Klarna will be looking into raising more funds at a significantly lower value than it got last year, which shows how dire the environment is right now for tech funds, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer Reporting Companies (NCRCs) may need to work more closely together to standardize BNPL payment data to ensure adequate credit reports. ...