BNPL
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The Advertising Standards Authority (ASA) has released tougher guidance on how Buy Now, Pay Later (BNPL) schemes advertise their financial services.
The ASA’s sister organisation, the Committee of Advertising Practice…
Read MoreBNPL schemes see 35% boost during lockdown but are causing shoppers to “spend beyond their means”
Buy now, pay later (BNPL) schemes have experienced a “marked uptick” in use during the coronavirus pandemic as cash strapped shoppers turn to companies like Klarna and Laybuy.
According to…
Read MorePayPal launches “buy now, pay later” scheme in the UK for items up to £2000
PayPal is launching a new “buy now, pay later” (BNPL) option for purchases of up to £2000 for any stores which offer PayPal as a payment method in the UK.…
Read MoreKlarna valued at a whopping $10.65bn after latest funding round
‘Buy now, pay later’ specialist Klarna has been valued at $10.65 billion after its latest equity funding round.
An announcement from the Swedish firm on Tuesday morning said the funding…
Read MoreKlarna in talks with investors over $10bn valuation
Klarna is said to be in talks with investors for a new round of funding which would value the Swedish payments company at more than $10 billion, according to Reuters.…
Read MoreJD Sports partners with Laybuy to offer more ‘buy now, pay later’ options
JD Sports has added another ‘buy now, pay later’ (BNPL) scheme to its offering as it partners with Laybuy.
Customers can now pay for goods in six interest-free weekly payments…
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