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Citi Includes ‘Flex Pay’ Option on Its Travel Booking Platform
Citi Includes ‘Flex Pay’ Option on Its Travel Booking Platform
September 12, 2024  |  BNPL

Citi has launched its buy now, pay later (BNPL) offering, Citi Flex Pay, on its travel booking platform, Citi Travel. The combination of these offerings...

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Klarna and UATP Partner on Flexible Payment Options for Airlines
Klarna and UATP Partner on Flexible Payment Options for Airlines
September 10, 2024  |  Travel Payments

Global payment network UATP and buy now, pay later (BNPL) provider Klarna have partnered to allow airlines to offer Klarna’s flexible payment options. With this...

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Report: Swedish Regulator Criticizes Klarna’s Anti-Money Laundering Measures
Report: Swedish Regulator Criticizes Klarna’s Anti-Money Laundering Measures
September 09, 2024  |  Buy Now Pay Later

Sweden’s Financial Supervisory Authority (FSA) reportedly criticized Klarna’s risk assessment, saying the company has not done enough to battle money laundering and terrorist financing. The...

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Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
September 06, 2024  |  IPO

The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate...

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PayPal-Backed Ume Raises $15 Million to Expand Payment Network
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024  |  Investments

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and...

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Elepay Debuts 180-Day Pay-Later Offering for Property Owners
Elepay Debuts 180-Day Pay-Later Offering for Property Owners
September 03, 2024  |  Loans

Australian lender Elepay has introduced its latest pay-later solution for property owners. The Brisbane-based company’s 180-day offering, announced in a news release Tuesday (Sept. 3), is designed to allow...

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Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
September 03, 2024  |  Buy Now Pay Later

Ad-subsidized payments network Zilch recorded its first profitable month in July. In the same month, Zilch’s revenue run rate exceeded $130 million, according to a...

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WebBank to Serve as Sezzle’s Exclusive Bank
WebBank to Serve as Sezzle’s Exclusive Bank
August 28, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Sezzle plans to have WebBank serve as its exclusive bank to originate and finance products offered through the Sezzle...

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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