Mexico City-based buy now, pay later (BNPL) service Nelo announced Wednesday (April 20) it had launched an all-in-one app. “Nelo’s customers can now use Nelo at any online merchant, through a partnership with Mastercard,” the company said in a news release. “Nelo’s app is the...
LawPay is bringing to law firms the low-friction, buy now, pay later (BNPL) transactions that have quickly become a popular offering retailers to extend to customers. Austin, Texas, LawPay stated in an announcement Tuesday (April 19) on its website that the new service, ClientCredit, which...
Philippines-based buy now, pay later (BNPL) startup BillEase has secured a $20 million debt facility from emerging market credit provider Lendable that it will use to speed up its growth across the country, according to a Monday (April 18) Deal Street Asia report. BillEase enhances...
Startup Slope, which offers businesses an easy way to extend buy now, pay later (BNPL) services, is moving forward to grow its footprint with the recent appointment of Ashish Jain as the chief financial officer (CFO). Jain most recently served as senior vice president of...
Buy now, pay later (BNPL) solutions are under intense regulatory scrutiny in the U.S. by the Consumer Financial Protection Bureau (CFPB), but new regulation may be a win-win situation for consumers, BNLP providers and merchants, Chuck Bell, programs director at Consumer Reports told PYMNTS on...
Internet domain registrar GoDaddy has partnered with Swedish buy now, pay later (BNPL) company Klarna to make purchases from the domain aftermarket more accessible, the company announced recently. The aftermarket is a place for entrepreneurs to purchase domain names, including high-value ones, through registered bids or a negotiated...
The exponential growth of buy now, pay later (BNPL) in the last two years, with approximately $97 billion in transactions in 2021, has brough significant regulatory interests around the world, including the U.S. In December 2021, the Consumer Financial Protection Bureau (CFPB) launched an inquiry against five...
BNPL solution LazyPay, which is offered by PayU Finance, has announced an extension of its service into the quick-commerce market as it partners with Zepto, a 10-minute grocery delivery platform. This will offer customers the convenience of paying later for high-frequency purchases. LazyPay will offer...
U.S. Bank is expanding ExtendPay, the buy now, pay later (BNPL) program it launched a year ago. The Minneapolis bank stated in a news release that the program lets buyers spread the cost of purchases into fixed monthly payments with a monthly fee, but no...
