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Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
February 28, 2024  |  BNPL

Klarna’s annual report shows the Swedish FinTech’s revenues rising and losses narrowing during 2023. The report, released Wednesday (Feb. 28), comes as the buy now, pay later...

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Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
February 27, 2024  |  IPO

Klarna, the Swedish FinTech company once crowned as Europe’s most valuable startup, is reportedly in discussions with banks for a potential U.S. initial public offering...

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Tabby Launches Subscription Service That Expands Acceptance of BNPL
Tabby Launches Subscription Service That Expands Acceptance of BNPL
February 26, 2024  |  Buy Now Pay Later

Tabby, a shopping and financial services app active in Saudi Arabia, Kuwait and the United Arab Emirates (UAE), has launched a subscription service in the...

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PayTabs Egypt and Souhoola Partner on BNPL for eCommerce Merchants
PayTabs Egypt and Souhoola Partner on BNPL for eCommerce Merchants
February 26, 2024  |  Buy Now Pay Later

PayTabs Egypt, a provider of digital payment solutions, partnered with Souhoola, an Egyptian buy now, pay later (BNPL) platform. Via the collaboration, PayTabs Egypt will...

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Thredd Reports Early-Year Rise in Transactions
Thredd Reports Early-Year Rise in Transactions
February 26, 2024  |  Payment Methods

Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.”  The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase...

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Shoppers Tap BNPL for Health and Beauty Purchases
Shoppers Tap BNPL for Health and Beauty Purchases
February 23, 2024  |  Buy Now Pay Later

As consumers look to installment plans to help them afford the products they want under ongoing budgetary pressures, many are turning to buy now, pay...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
February 22, 2024  |  Personal Finance

According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%.  Conventional wisdom suggests a post-holiday season decline in sales would...

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Zilch Unveils BNPL Plan for ‘Significant Purchases’
Zilch Unveils BNPL Plan for ‘Significant Purchases’
February 22, 2024  |  BNPL

British buy now, pay later (BNPL) firm Zilch has launched a new credit payment product. The company says its “Pay over 3 months” product, announced Thursday...

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