Laybuy
Klarna eyes up IPO as it quadruples its valuation
Klarna is eyeing up an initial public offering (IPO) next year after being valued at $45.6 billion during its latest round of funding.
The Swedish buy now pay later (BNPL)…
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Clearpay reaches 2m UK customers & unveils first brand campaign
‘Buy now, pay later’ specialist Clearpay has announced it has reached two million active users in the UK.
The news follows the businesses first major global brand campaign ‘Pay Better’.…
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BNPL provider LayBuy launches “Tap to Pay” digital card in the UK
Buy Now Pay Later (BNPL) provider LayBuy has launched a “Tap to Pay digital card in the UK as the high street gears up to accept in-store BNPL payments.
The…
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‘Buy now, pay later’ spend to hit $1 trillion by 2026
‘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…
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Laybuy has advert banned for claiming its credit checks do not “impact your credit score”
Laybuy has been condemned by the advertising standards authority (ASA) for falsely stating that its credit checks would not “impact your credit score”.
The ‘buy now, pay later’ (BNPL) giant…
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John Lewis launches interest free credit of up to £35k
John Lewis has launched its own delayed payment scheme offering customers interest free credit of up to £35,000.
The department store has partnered with financial giant BNP Paribas to launch…
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“Buy Now, Pay Later” firms to be hit with FCA regulation amid growing debt fears
‘Buy now, pay later’ firms like Klarna and Laybuy will now face tougher regulations by UK authorities after their usage nearly quadrupled last year.
The Financial Conduct Authority (FCA) will…
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170 online retailers in breach of consumer law over returns policies
Nearly 200 online retailers offering payment via “buy now, pay later” (BNPL) schemes have been found to be in breach of UK consumer law.
Which? has found 170 retailers, promoted…
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BNPL 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…
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Like many other parts of society, fashion is moving online, and quickly. The news that luxury fashion brand Karl Largerfield was releasing a collection of 777 NFT’s for the price…