BNPL

BNPL
Equipifi, Q2 Team to Offer BNPL to Digital Bank Customers
November 01, 2022

FinTech equipifi has launched an integration with Q2’s digital banking platform, offering Q2’s customers access to its buy now, pay later (BNPL) solution. According to a Tuesday (Nov. 1) news release, the collaboration — happening via the Q2 Partner Accelerator program — will combine equipifi’s...

BNPL
Tymit Raises $27M to Launch White Label BNPL Solution
October 26, 2022

U.K.-based buy now, pay later (BNPL) company Tymit has raised 23 million pounds ($26.7 million) in a Series A funding round. The round was led by Frasers Group, which operates British retail brands including Sports Direct, Jack Wills, GAME, Flannels and Evans Cycles. Tymit said...

BNPL
BNPL App Provider Ranking Is Same Old Same Old — Until It’s Not
October 25, 2022

There comes a time when new concepts settle into a groove, and while thrilling, they’re not really “new” anymore. We see this at work in the latest PYMNTS Provider Ranking of Buy Now, Pay Later apps, where a sort of calm has descended — on...

BNPL
Zip Takes BNPL Offline With Zip Card Debut
October 25, 2022

With the holiday shopping season approaching, buy now, pay later (BNPL) company Zip has debuted the Zip Card, its latest installment payment offering. Issued by WebBank, the card extends Zip’s “pay-in-4” functionality offline with a physical card, the company said in a news release Tuesday...

BNPL
Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
October 21, 2022

At the start of the year, Matt Norton, Santander Bank North America’s head of point of sale lending, told PYMNTS that banks were increasingly eyeing opportunities in the buy now, pay later (BNPL) market. “Banks have an opportunity to be a major solutions provider in...

BNPL
Mexico’s BNPL App Nelo Nets $100M Credit Line for Expansion
October 19, 2022

Mexican BNPL app Nelo has gotten a $100 million credit facility from Victory Park Capital, which will help it grow its business and cushion its loan book, according to a press release. Nelo CEO Kyle Miller has said the funding will help the company free...

BNPL
Ionia, Certegy Debut BNPL Merchant Offering
October 19, 2022

Embedded payments and rewards platform Ionia, has rolled out a new buy now, pay later (BNPL) offering with Certegy to try and make a giant network for merchants who need the installment payment services for their own businesses, a press release said. Certegy works in...

BNPL
Sezzle Signs New $100M Credit Facility with Bastion, Replaces Goldman
October 18, 2022

Buy now pay later (BNPL) firm Sezzle signed a new $100 million credit facility with affiliates of Bastion Management, which will work as an administrative agent for the lenders. The new receivables funding facility replaces its prior facility with Goldman Sachs Bank USA and Bastion,...

BNPL
Visa Partners With Nuvei, Tender Retail on BNPL Expansion
October 18, 2022

Visa has launched a pair of collaborations designed to bring its “Installments” program to more cardholders to meet a growing demand among Canadian consumers for installment offerings. “With Installments enabled by Visa, consumers have the option to convert qualifying purchases into smaller, predictable installment payments...