bnpl

Most Buy Now, Pay Later (BNPL) companies say they don’t sell debt — but they will still sell your debt to a debt collector. And if the debt collector is not collecting debt, what’s it collecting? Such is the twisted game of semantic linguistics the BNPL sector plays as it

Australian Buy Now Pay Later (BNPL) player Zip Co is set to grow its reach worldwide following a deal with Adobe to partner with the latter’s Magento e-commerce platform. The deal sees Zip become an Accelerate Partner in Adobe’s Exchange Partner Program, and means that Zip’s BNPL services will be

Australian Buy Now Pay Later company Zip has seen strong growth across all metrics — revenues, transaction volume, customers and merchants — compared to this time last year, bolstered by its expansion into global markets as well as strong growth in the BNPL sector. Last August, the company acquired US

PayPal today announced the launch of PayPal Pay in 4 in Australia as it seeks to claw back market share from local sector leaders like Afterpay and Zip. The company says it will provide an interest-free buy now, pay later solution to consumers at no additional cost to PayPal business

The share of Australian consumers using buy now pay later (BNPL) at online checkouts will more than double by 2024, according to forecasts from global payments provider FIS. It means potentially millions more Australians are expected to take up the payment method which welfare groups have warned harms consumers and

A world-first code of practice for the burgeoning Buy Now Pay Later industry came into effect in Australia today, aiming to strengthen best practice for a sector under growing scrutiny. Drafted by the Australian Finance Industry Association and its members like Afterpay, Zip, Klarna and Humm, the code sets out

Buy Now Pay Later provider Klarna has added half a million Australian consumers in less than a year through “meaningful” personalisation and what its local leader describes as a “carrot” approach to repayments. Launched a year ago nearly to the day with $300 million of backing from CBA, Klarna entered

Enterprise payments fintech Limepay has raised $21 million in the first phase of its pre-IPO capital raise from current and new high net worth and institutional investors. The raise will bring Limepay’s total funding to nearly $30 million within one year of its initial seed funding completed in December 2019, and will

Swedish buy now, pay later platform Klarna and ecommerce platform BigCommerce have extended their global partnership to Australia, three months after the payments provider launched locally.  The partnership means Australian retailers on the BigCommerce platform will now be able to integrate Klarna’s shopping features and flexible payment options into their

The buy now, pay later market is heating up. Over the last five years, several BNPL providers have emerged which allow shoppers to pay by installments over time, instead of paying the full amount upfront. Last month a new global competitor, Klarna, arrived in Australia with serious backing from the