Australian buy now, pay later provider Zip says it is continuing to streamline its operations. And part of that streamlining apparently involves cutting 20% of the company’s staff, according to a Monday (July 3) Reuters report that cites local media accounts. “Following a recent review,...
PayPal is selling more than $43 billion worth of its European buy now, pay later (BNPL) loans. The payments company announced Tuesday (June 20) it was selling loans originated in France, Spain, Germany, the U.K. and Italy to investment firm KKR. According to a news...
Worldpay has launched a partnership with buy now, pay later (BNPL) provider Affirm. The multi-year collaboration, announced Wednesday (May 31) makes Affirm’s Adaptive Checkout offering available to eligible Worldpay merchants, letting them offer consumers bi-weekly and monthly payment options. “It’s becoming increasingly important for merchants...
Tabby says new financing will let it expand its buy now, pay later (BNPL) service. The Dubai-based FinTech announced Wednesday (May 31) it had closed a new funding round resulting in upsizing its debt facility to $350 million, a more than two-fold increase since the...
Atlantic-Pacific Processing Systems (APPS) and Splitit have partnered to deliver buy now, pay later (BNPL) options to merchants. The partnership will bring several new programs to market that combine the capabilities of APPS’ payment solutions and Splitit’s merchant-branded Installments-as-a-Service platform, the companies said in a...
Sezzle saw its volumes increase in its most recent quarter, while seeing continued profitability. The buy now, pay later (BNPL) firm announced earnings Monday (May 15) that showed its monthly revenue increasing 25% year over year. The company said its income improved year over year...
Growth capital firm Capchase has unveiled an installment payment tool for Software-as-a-Service (SaaS) companies. Capchase Pay is a B2B buy now, pay later (BNPL) solution designed for SaaS businesses that sell via long-term, annual contracts, the company announced Thursday (May 11). According to a news...
Citi credit card members can now pay over time thanks to a new partnership with Amazon Pay. The buy now, pay later (BNPL) collaboration, announced Wednesday (April 26) is open to eligible Citi card members using the company’s Flex Pay, and marks the first time...
Payments company Stripe and buy now, pay later (BNPL) provider Affirm have expanded their partnership. According to a Thursday (April 13) news release, the expansion makes Affirm’s Adaptive Checkout feature available to eligible Canadian Stripe users. The expansion follows a Stripe/Affirm partnership launched last year...
