Payments News

On The Web

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Providers

Zilch Brings BNPL to UK High Street

“UK-based buy now, pay later player Zilch is rolling out a ‘tap and pay-over-time’ feature that lets shoppers make in-store payments with a wave of their digital wallet, with the cost spread over a six week period. Zilch opened in beta in 2019, looking to distinguish itself in the crowded BNPL arena by connecting directly […]
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Deals

‘Responsible’ Buy Now Pay Later Startup Butter Raises £15.8m

“Butter, a London-based venture that started life as the UK’s first buy now pay later (BNPL) travel agency, has closed a £15.8 million funding round.It says it will use the cash to “accelerate the roll-out of its responsible Open Banking-based BNPL shopping app”. Butter raised the money via BCI Finance, the credit arm of London-based VC […]

On The Wires

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Companies

Splitit Partners With UnionPay, the World’s Largest Card Network of 9 Billion Cardholders

“Splitit, a global payment technology company (ASX:SPT), announces a new global partnership with UnionPay International, part of China UnionPay, the provider of bank card services and a major card scheme in mainland China. UnionPay International will be integrating Splitit to make it available to its network. This will give UnionPay card holders and those accepting […]
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Companies

Afterpay and Adyen Partner to Deliver Flexible Payments

“Afterpay (ASX:APT) the leader in “Buy Now, Pay Later”, and Adyen, (AMS: ADYEN), the global payments platform of choice for many of the world’s leading businesses, are joining forces to offer Afterpay’s leading “Buy Now, Pay Later” (BNPL) service to retailers, kicking off with Hunter, the premium British footwear brand. Leading iconic British outdoor lifestyle […]
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Deals

Singapore-based Neobanking Startup StashFin Raises USD 40 MM in Series B Extension Equity Financing From a Clutch of Global Investors to Expand in South Asia

“Singapore-based neo-banking startup Morus Technologies Pte Ltd ‘StashFin’ has announced the successful completion of Series B Extension equity financing of USD 40 million from a clutch of global investors…Founded in 2016, StashFin offers an innovative Credit Line Card in partnership with VISA that permits customers to access their credit facility with easy monthly installments and zero annual fees. Customers […]
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Providers

Paidy Raises US $120 Million in Series D Round

“With the corporate mission to “Take the hassle out of your payment and purchase experiences,” Paidy aims to create an environment where everyone can shop wisely and joyfully. With Paidy, you can settle easily with just your mobile phone number and email address, and then pay the accumulated charges the following month. Paidy has been […]
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Providers

Spring Savings Surprise: Vrbo and Affirm Partner to Provide Zero-interest Financing for Future Vacations Booked Now Through April 11

“Today Vrbo® and Affirm, a more transparent and flexible alternative to credit cards, announced a collaboration so that travelers can book now and pay later for vacation homes.   For a limited time, qualified travelers now have access to 0% APR financing when booking a vacation home through VRBO and paying with Affirm. This offer is available for bookings made today through April 11 and means no-interest payments for Vrbo properties paid with Affirm. Families that choose to pay with Affirm can split the total cost of their booking into monthly payments without hidden or late fees.”