buy now pay later

OatFi secures capital to power BNPL services for SMBs

The buy now, pay later (BNPL) market was once seen as a bulletproof investment, given the meteoric rise of players like Klarna and Afterpay during the pandemic. But increased scrutiny over the busines

CFPB signals that regulation is coming for BNPL

In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna and Afterpay, which

Ratio bags $411M in equity, credit for flexible subscription payment models

Ratio makes the discounts unnecessary by giving SaaS companies capital upfront so they can offer customers more flexible payment options.

Daily Crunch: Kurtosis raises $20M Series A to give web3 developers ‘a place to play around’

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Play now, pay later: Halliday bags $6M seed round led by a16z

Blockchain-based games have seen a surge in popularity, but playing them is getting expensive. Play-to-earn games like StepN require players to purchase an NFT before they can participate, while other

Fairbanc provides BNPL for micro-merchants in Indonesia

“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in Singapore but f

Stripe is the latest fintech to falter, taking a 28% internal valuation cut

Stripe is the latest high-profile fintech company to experience a significant valuation cut as the market downturn begins to hit the sector especially hard. Last valued at $95 billion, the payments pr

Klarna confirms $800M raise as valuation drops 85% to $6.7B

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as

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.
Load More