BNPL
THG launches buy now, pay later offering
THG shoppers will now be able to spread the cost of online purchases after the firm inked a deal with digital credit company Newpay. Newpay has been fully integrated into…
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Klarna CEO’s pay rises by 35% despite company losses hitting $1bn
Klarna’s CEO Sebastian Siemiatkowski has watched his pay climb by 35% despite his company plunging to the biggest annual loss in its history. The fintech giant cooled fears by saying…
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Zopa acquires BNPL platform DivideBuy
Zopa is set to acquire BNPL platform DivideBuy, in a deal expected to increase its revenue by at least 20% over the next few years.
The deal cements Zopa’s move…
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Government announces long-awaited crackdown on BNPL firms
The UK Government has released draft legislation to clamp down on the booming buy now pay later (BNPL) sector, in an effort to protect consumers from potential harm.
The draft…
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UK shoppers spent less online in January, however BNPL sees uptick in usage
UK shoppers spent less online in January when compared with a year earlier, however there was an uptick in the usage of buy now, pay later (BNPL), according to Adobe.…
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Frasers Group: Why is the retailer investing in BNPL?
Last week, Frasers Group revealed its plans to launch its own buy now pay later (BNPL) scheme, which could allow shoppers to borrow up to 2,000 pounds when spending with…
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Klarna enlists Paris Hilton as its global face
Buy now pay later giant Klarna has enlisted Paris Hilton as its new global face with an upcoming campaign featuring the “Y2K icon.”
The partnership has been created in collaboration…
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BNPL firm Zilch partners with debt charity StepChange
London-based fintech Zilch is partnering with debt advice charity StepChange, in a bid to offer support to its customers, in a first for a buy-now-pay-later (BNPL) company. According to Zilch,…
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Frasers Group launches BNPL financial solution
Frasers Group has launched buy now, pay later (BNPL) product through its new “Frasers Plus” scheme.
Shoppers are able to divide their purchases into three, interest-free instalments paid over the…
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The fact that online retail stocks have slumped globally since the highs of the pandemic is no secret.
Whilst lockdowns and store closures brought an ecommerce gold rush, contrary to…