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

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...

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What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...

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Affirm Begins Rollout of Pay-Over-Time Options in UK
Affirm Begins Rollout of Pay-Over-Time Options in UK
November 03, 2024  |  Buy Now Pay Later

Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied...

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Zoom Picks Klarna for Flexible Premium Payments
Zoom Picks Klarna for Flexible Premium Payments
October 31, 2024  |  Buy Now Pay Later

Swedish FinTech Klarna has launched a payments partnership with video communications platform Zoom. The collaboration, announced by the buy now, pay later (BNPL) firm Thursday...

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Affirm Updates BNPL App Ahead of Holiday Shopping Season
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024  |  Buy Now Pay Later

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now...

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PayPal Reports BNPL Bounce, More Focus on Financial Services
PayPal Reports BNPL Bounce, More Focus on Financial Services
October 29, 2024  |  Earnings

With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer...

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Klarna Valued at $14.6 Billion After Investor Raises Stake’s Value
Klarna Valued at $14.6 Billion After Investor Raises Stake’s Value
October 28, 2024  |  Buy Now Pay Later

Chrysalis Investments increased the value of its stake in Klarna, reportedly giving the buy now, pay later (BNPL) provider an implied valuation of around $14.6...

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

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...

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Klarna Launches UK Gift Card Store Through Its App
Klarna Launches UK Gift Card Store Through Its App
October 24, 2024  |  Buy Now Pay Later

The U.K.’s gift card market is valued at £7 billion and expected to reach nearly £9 billion in 2025, according to the Gift Card &...

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