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Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020

Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020
Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020
February 25, 2021  |  Retail

In today’s top retail news, Belk has finished its financial restructuring, while Klarna reported $53 billion in gross merchandise volume (GMV) for 2020. Plus, Afterpay...

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Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
February 25, 2021  |  Retail

Klarna reported record gross merchandise volume for the full year January to December 2020, with total net operating income exceeding $1 billion, according to a...

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Affirm Launching Buy Now, Pay Later Debit Card
Affirm Launching Buy Now, Pay Later Debit Card
February 25, 2021  |  BNPL

Silicon Valley FinTech Affirm is launching a debit card with buy now, pay later (BNPL) functionality, the company announced in a Thursday (Feb. 25) blog...

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Report: Buy Now, Pay Later Helps Toy Merchants Go Global
Report: Buy Now, Pay Later Helps Toy Merchants Go Global
February 25, 2021  |  BNPL

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Klarna Seeks Additional $1 Billion In Funding At $31 Billion Valuation
Klarna Seeks Additional $1 Billion In Funding At $31 Billion Valuation
February 23, 2021  |  Payment Methods

Klarna is expected to announce new funding in the coming days that will value the company at $31 billion, Bloomberg reported. The amount is around...

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Affirm Teams With Vacasa For Flexible Vacation Rental Payments
Affirm Teams With Vacasa For Flexible Vacation Rental Payments
February 23, 2021  |  Travel Payments

Vacation rental management platform Vacasa is partnering with buy now, pay later (BNPL) FinTech Affirm to bring flexible payments to the travel industry, the companies...

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Australia’s humm Debuts BNPL Solution For SMBs Down Under
Australia’s humm Debuts BNPL Solution For SMBs Down Under
February 21, 2021  |  BNPL

hummgroup has rolled out its new Buy Now, Pay Later (BNPL) solution, tailored for small to mid-sized businesses (SMBs), a press release says. Get the...

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