BNPL

BNPL
Google Pay to Add BNPL Options From Afterpay and Klarna
November 19, 2024

Google Pay is expanding its buy now, pay later (BNPL) options with the addition of Afterpay and Klarna. Afterpay’s BNPL is now available to consumers checking out online through Google Pay at select merchants, the BNPL provider said in a Tuesday (Nov. 19) press release....

BNPL
Staples Adds Klarna’s Flexible Payment Options
November 19, 2024

Office supply retailer Staples now offers Klarna’s Pay Now, Pay in 4 and Financing options to customers shopping online at Staples.com. With these flexible payment options, customers can pay now, split their purchase into four interest-free payments or, for bigger buys, extend payments further, the companies said in a Friday (Nov. 15) press...

BNPL
Affirm Expands BNPL Travel Partnership With Priceline
November 18, 2024

Buy now, pay later provider Affirm has expanded its partnership with online travel firm Priceline. The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s B2B business, Affirm said in a Monday (Nov. 18) news release. This means that Priceline...

BNPL
Sunbit Gets $355 Million to Grow BNPL Business
November 07, 2024

Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management following a $310 million facility earlier this year with Citi and...

BNPL
Marqeta to Embed BNPL in Payment Apps and Digital Wallets
October 28, 2024

Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment providers Klarna and Affirm and payments platform Branch, Marqeta said in a Monday (Oct. 28)...

BNPL
Rite Aid Adds Klarna’s ‘Pay in 4’ Option to Its Stores
October 16, 2024

Rite Aid has teamed with Klarna to offer buy now, pay later options at its drugstores. The collaboration, announced Wednesday (Oct. 16), lets Rite Aid customers use Klarna’s Pay in 4 payment option when making purchases, paying for items in four installments. “Rite Aid shoppers with a Klarna account now...

BNPL
Klarna Reportedly Selling UK BNPL Loans to Hedge Fund Elliott
October 16, 2024

Klarna is reportedly selling most of its British buy now, pay later (BNPL) loans. The deal with American hedge fund Elliott will free up as much as $39 billion for new loans, the Financial Times reported Wednesday (Oct. 16), citing sources familiar with the matter. It comes as Klarna is...

BNPL
39% of Millennials Say They’ve Used BNPL as a Payment Option in the Last Year
September 30, 2024

Buy now, pay later (BNPL) has emerged as a compelling payment option, particularly among millennials. This shift presents an opportunity for subscription merchants to enhance their offerings, potentially increasing revenue and creating long-term customer loyalty. A PYMNTS Intelligence report, “‘Adjustable’ Is the New ‘Agreeable’: BNPL Flexibility...

BNPL
Adyen to Include Klarna BNPL Offering on In-Store Terminals
September 26, 2024

Klarna is expanding its in-store buy now, pay later option via a partnership with Adyen. The collaboration will bring Klarna’s installment payments on Adyen’s physical payment terminals at stores in North America, Europe and Australia, per a Thursday (Sept. 26) press release. Klarna said Adyen is the...