buy now pay later

Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL

Buy now, pay later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice. But BNPL companies have attracted some controversy,

UK-based Playter closes $55M round for its BNPL platform aimed at SMEs

Europe has no shortage of buy now, pay later startups and a quick search is revealing. Berlin-based fintech startup Mondu has taken in €39.9 million to expand its B2B BNPL solution. Madrid’s RITMO

Klarna’s potential valuation cut to $15B appears sufficiently steep

The Wall Street Journal recently reported that Klarna, a European buy now, pay later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a dram

PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service

After Apple shook up the buy now, pay later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

Apple’s Pay Later installment credit scheme will live under a new lending subsidiary

The news that Apple would offer its own “buy now, pay later” service splitting any Apple Pay bill into installments hit the fintech lending world like a thunderbolt. But it turns out the n

Affirm and Klarna ramp up competing efforts to attract US consumers

Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here in the U.S. As such, compan

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it

BNPL in 2022: 4 fintech investors discuss regulation, trends and how to stand out

To get a better picture of where the BNPL market is at right now, we spoke with four active investors about their expectations for the space, upcoming regulation, scalability, default risk and more.

The BNPL boom may be fading

The shocking decline in the value of Upstart and Affirm is only part of the story. There are myriad startups in the BNPL market, meaning that a large piece of fintech was just heavily repriced.

The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A

Walnut was founded by Roshan Patel and Yash Joshi to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing financial transactions. After being

Affirm’s CTO talks transparency and the tech that makes BNPL possible

TechCrunch sat down with Libor Michalek, president of technology at Affirm, to understand just how the company differentiates itself from its plethora of competitors.

In the wake of Fast’s collapse, Volume thinks it can crack the payment checkout conundrum

Online payment methods can be expensive for merchants, who have to pay between 2% and 8% of every sale to debit and credit card, e-wallet and BNPL facilitators. Much of this is often passed to consume

TechCrunch+ roundup: Churn rate basics, BNPL fraud, fundraising IP checklist

The venture capital market is slowing down, which means early-stage founders are chasing a smaller pool of money. We asked VCs to name a pro forma pitch practice they think founders should retire.

Fraud as a service: Scammers are using encrypted messaging to undercut BNPL revenue

Payment fraud is going mainstream, and anyone with an internet connection can join in.

Nigeria’s CredPal secures $15M in debt and equity to scale its BNPL product across Africa

The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growt

Using data to solve key pain points for today’s banking customers

Vast amounts of information improve banks’ ability to support customers, but financial institutions must know how to use it.

TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, elect

How the US Consumer Financial Protection Bureau is set to shake up BNPL in 2022

BNPL services offer customers accessibility and flexibility for payments, but unregulated services mean people can unintentionally put their financial health at risk.

TechCrunch+ roundup: Box unfolds a surprise, robotics pitch tips, BNPL growing pains

Growth is good, but like the James Brown song, Klarna is paying the cost to be the boss.
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