Tag: BNPL

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Australia Mandates Credit Licences for BNPL Providers

New regulations aim to enhance consumer protection and industry accountability in the Buy Now Pay Later sector.Highlights: The Australian government has directed Buy Now...

Italy’s Qomodo Secures $135M to Revolutionize BNPL on the High Street

Transforming the retail landscape with innovative buy-now-pay-later solutions.Highlights: Qomodo raises $135 million to expand its buy-now-pay-later services in Italy.The investment aims to integrate BNPL...

Amazon to Acquire Indian BNPL Startup Axio

E-commerce Giant Expands Financial Services with $150 Million Deal Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million. Six-Year Partnership: Amazon...

Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO

Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public offering (IPO) on the New...

Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia

Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...

UK government looks to strengthen BNPL protections with launch of latest consultation

The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...