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KKR buys EUR 40 bln worth of BNPL loan receivables from PayPal

News | Payments General | 21 Jun 2023

PayPal has signed a multi-year agreement with KKR under which KKR will purchase up to EUR 40 billion of BNPL loan receivables originated by PayPal in Europe.

BNPL, instalment payments, acquisition, PayPal, lending