buy now pay later

Crackdown on BNPL looms as consultation is launched

October 22, 2021

Buy now pay later (BNPL) borrowing can be like slipping into quicksand, a charity has warned, as the Treasury launched a consultation into bringing the sector under regulation. Products allow…

The Buy Now Pay Later (BNPL) market will be subject to government regulation by the end of October, according to industry insiders.

BNPL subject to government regulation by the end of October, insiders warn

Ecommerce Payment

BNPL buy now pay later ecommerce fintech government Klarna payment Regulation Retail Technology

October 21, 2021

Isabel Cameron

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The Buy Now Pay Later (BNPL) market will be subject to government regulation by the end of October, according to industry insiders. BNPL products have grown increasingly popular in the…

One in every 10 ‘buy now, pay later’ (BNPL) customers say they are being chased by bailiffs and debt collectors as they face “under-the-radar debt.”

1 in 10 BNPL customers have been contacted by debt collectors amid concerns of “under the radar debt”

Fintech Payment

bailiff BNPL buy now pay later debt Debt Collectors

September 3, 2021

Ben Stevens

One in every 10 ‘buy now, pay later’ (BNPL) customers say they are being chased by bailiffs and debt collectors as they face “under-the-radar debt.” Citizens Advice, which surveyed more…

Amazon has officially launched a ‘buy now, pay later’ (BNPL) service allowing customers to pay for goods over $50 dollars in a number of monthly installments.

Amazon launches its own BNPL service with Affirm

Fintech Payment

Affirm Amazon BNPL buy now pay later

August 31, 2021

Ben Stevens

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Amazon has officially launched a ‘buy now, pay later’ (BNPL) service allowing customers to pay for goods over $50 dollars in a number of monthly installments. Amazon announced on Friday…

Klarna’s saw losses skyrocket throughout what it called a “record second quarter” as its expanded rapidly across the US in preparation for an expected IPO.

Klarna sees losses skyrocket 155% in “record second quarter”

Payment

buy now pay later interim Klarna second quarter

August 26, 2021

Ben Stevens

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Klarna saw losses skyrocket throughout what it called a “record second quarter” as its expanded rapidly across the US in preparation for an expected IPO. The Swedish ‘buy now, pay…

Buy now, pay later (BNPL) schemes are putting both lenders and customers at financial risk according to analysts who warn a downturn could see customers “buy now and not pay later”.

BNPL schemes’ “opaque” financial reporting is putting lenders at risk of defaults

Fintech Payment

BNPL buy now pay later Fitch

August 11, 2021

Ben Stevens

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Buy now, pay later (BNPL) schemes are putting both lenders and customers at financial risk according to analysts who warn a downturn could see customers “buy now and not pay…

‘Buy now, pay later’ giant Afterpay has been bought out in a deal worth $29 billion (£21 billion) by digital payments platform Square.

BNPL giant Afterpay bought by Twitter boss Jack Dorsey’s Square for $29bn

Fintech

Afterpay BNPL buy now pay later Jack Dorsey Square

August 3, 2021

Ben Stevens

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‘Buy now, pay later’ giant Afterpay has been bought out in a deal worth $29 billion (£21 billion) by digital payments platform Square. Square, which shares its co-founder and chief…

Amazon’s ‘buy now, pay later’ service has amassed 2 million users in India leading to speculation its could be rolled out to other markets.

Amazon’s own ‘buy now, pay later’ service could soon launch internationally

Payment

Amazon BNPL buy now pay later India Pay Later

July 8, 2021

Ben Stevens

Amazon’s ‘buy now, pay later’ service has amassed 2 million users in India leading to speculation its could be rolled out to other markets. Amazon Pay Later, the retail giant’s…

‘Buy now, pay later’ spending is set to hit nearly a trillion dollars by 2026 despite increasingly strict regulation of the sector.

‘Buy now, pay later’ spend to hit $1 trillion by 2026

Payment

buy now pay later Juniper Research Klanra Laybuy

June 14, 2021

Ben Stevens

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‘Buy now, pay later’ spending is set to hit nearly a trillion dollars by 2026 despite increasingly strict regulation of the sector. According to new data from Juniper Research, spending…

Klarna is now Europe’s most valuable Fintech company after SoftBank investment

Companies News

buy now pay later Clearpay H&M Klarna

June 11, 2021

George Iddenden

No Comments

Klarna has seen its valuation rise 50 per cent to $45.6 billion after a recent round of funding led by Japanese company SoftBank, making it Europe’s most valuable fintech company.…

buy now pay later

Crackdown on BNPL looms as consultation is launched

BNPL subject to government regulation by the end of October, insiders warn

1 in 10 BNPL customers have been contacted by debt collectors amid concerns of “under the radar debt”

Amazon launches its own BNPL service with Affirm

Klarna sees losses skyrocket 155% in “record second quarter”

BNPL schemes’ “opaque” financial reporting is putting lenders at risk of defaults

BNPL giant Afterpay bought by Twitter boss Jack Dorsey’s Square for $29bn

Amazon’s own ‘buy now, pay later’ service could soon launch internationally

‘Buy now, pay later’ spend to hit $1 trillion by 2026

Klarna is now Europe’s most valuable Fintech company after SoftBank investment

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