#BNPL #eCommerce / GameStop partners with Klarna to offer gaming community a more innovative and flexible shopping experience online and in store

Klarna, the leading global payments provider and shopping service… announced that it has entered into an agreement with GameStop to provide the world’s largest retailer of video games and pop culture collectibles merchandise access to its … interest-free buy now, pay later payment service… [Klarna:] "The esports business has grown tremendously in recent years withContinue reading “#BNPL #eCommerce / GameStop partners with Klarna to offer gaming community a more innovative and flexible shopping experience online and in store”

#BNPL / Lunar has raised $40m in funding as it prepares to extend its roster of products into the buy now, pay later and account aggregation and payment initiation space

… Lunar is set to activate multi-banking features and enable payments across Denmark, Sweden and Norway for its more than 170,000 users. Customers will be able to not only view but also move money between accounts, as well as pay bills from accounts from other banks, in one app. It also has its sets sightsContinue reading “#BNPL / Lunar has raised $40m in funding as it prepares to extend its roster of products into the buy now, pay later and account aggregation and payment initiation space”

#BNPL / Sales soar at Klarna rival Laybuy as buy-now-pay-later sector hots up

New Zealand-based buy-now-pay-later (BNPL) platform Laybuy has seen a 162 per cent increase in the total amount spent through its platform over the past year.  Laybuy’s customers have spent over NZ$508m (~£238m) through its platform and the BNPL fintech has also seen a 48 per cent increase in the number of active merchants using itsContinue reading “#BNPL / Sales soar at Klarna rival Laybuy as buy-now-pay-later sector hots up”

#BNPL / Etsy To Offer Klarna’s Buy Now, Pay Later Payment Option

Etsy, the online marketplace for creative gifts, is set to roll out use of the Klarna buy now, pay later (BNPL) shopping payment solution. The Klarna BNPL setup for Etsy will be enabled by Adyen, a payments platform. The release said Adyen provides “a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globallyContinue reading “#BNPL / Etsy To Offer Klarna’s Buy Now, Pay Later Payment Option”

#BaaS / Afterpay Teams With Westpac To Offer Banking Services

The collaboration will enable Afterpay to offer its 3.3 million users checking and savings accounts on Westpac’s new BaaS platform… Afterpay will control how people see and experience the new service, while Westpac will handle the direct banking relationship with end customers. [Westpac:] “Over time, we’re likely to see a lot of those banking experiencesContinue reading “#BaaS / Afterpay Teams With Westpac To Offer Banking Services”

#LendTech / Curve taps Thought Machine for new credit product

UK fintech Curve began life as a way for people to consolidate multiple cards and accounts into one smart card and app. It is now branching out through Curve Credit, which will allow its users to spread payments over three, six, or nine-month periods. Thanks to Thought Machine’s core platform and Curve’s ‘Go Back inContinue reading “#LendTech / Curve taps Thought Machine for new credit product”

#BNPL / PayPal vs Klarna: US payment giant launches rival ‘buy-now, pay-later’ service

PayPal’s Pay in 3 is identical to Klarna’s offering, and similar to those of Laybuy and Afterpay/Clearpay, letting you split payments over a number of months interest-free. The US payments group announced a handful of launch partners including Crew Clothing, French Connection and Robert Dyas who will be rolling out the service in the UKContinue reading “#BNPL / PayPal vs Klarna: US payment giant launches rival ‘buy-now, pay-later’ service”

#BNPL #POSFinance / Afterpay Offers In-Store Payment Solution Across U.S.

Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet. Just like using Afterpay online, customers can pay for their in-store purchases in four installment payments, without the need to take out a traditional loan or pay upfront fees or interest.Continue reading “#BNPL #POSFinance / Afterpay Offers In-Store Payment Solution Across U.S.”

#BNPL #IPO / Affirm Submits Draft To SEC For IPO

Affirm, a point-of-sale (POS) lender, offers short-term loans that can be repaid in installments. The company announced in July that it was considering an IPO, with a potential valuation of $10 billion through a deal with Goldman Sachs. The company was founded in 2012 and has since been partnered with companies including Walmart and ExpediaContinue reading “#BNPL #IPO / Affirm Submits Draft To SEC For IPO”

#BNPL / Target Pilots Buy Now Pay Later With Sezzle

Sezzle, the installments payments platform, will be working on buy now, pay later (BNPL) services with Target… The collaboration will involve “limited tests with a small portion of Target.com guests in two product categories to evaluate the efficacy of the Sezzle platform for Target’s retail operations.” Sezzle says it plans to issue an update toContinue reading “#BNPL / Target Pilots Buy Now Pay Later With Sezzle”