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...
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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...
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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...
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...