Browsing: BNPL News
The ‘Buy Now, Pay Later’ (BNPL) sector has experienced rapid growth, transforming consumer behavior and retail environments.BNPL’s simple operating model is gaining traction among younger consumers,…
In a bid to enhance customer convenience, John Lewis has teamed up with Klarna to offer a ‘buy now, pay later’ option. This move, effective through…
Affirm, a leader in the Buy Now Pay Later (BNPL) space, has made an ambitious entry into the UK market. This move sees it directly competing…
Zilch secures an increased securitisation facility with Deutsche Bank, marking significant growth.The facility now totals £150m, a boost of £50m, supported by two global credit funds.This…
The UK Treasury has announced new BNPL rules for early 2025 to protect consumers.These rules will include mandatory affordability checks and enhanced consumer protections.A consultation involving…
Klarna has significantly increased its UK partnerships, reflecting the growing popularity of Buy Now Pay Later (BNPL) services. The Swedish fintech company now boasts 41,496 merchant…
Klarna, a prominent BNPL provider, partners with Adyen, enhancing its physical store presence.The collaboration integrates Klarna’s BNPL service with Adyen’s extensive network of payment terminals worldwide.This…
The UK government is poised to introduce new regulations for Buy Now Pay Later (BNPL) services.City Minister Tulip Siddiq has voiced significant concerns about the potential…
Klarna, the Swedish fintech giant, has announced significant job cuts attributed to efficiency gains driven by its adoption of artificial intelligence (AI).These reductions come as the…
Klarna, a dominant fintech entity, is realigning its workforce by cutting 1,000 jobs, driven primarily by advancements in artificial intelligence (AI).The shift signifies Klarna’s efforts to…
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