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Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform.
partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion
UK-based Zilch has launched its new Zilch Up service, to provide more affordable credit via BNPL borrowing for usually excluded clients and to drive financial inclusion.
product launch, partnership, credit access, financial services, financial inclusion, financial institutions, BNPL, API
Digital payments solution AsiaPay has rolled out Visa Instalments in Hong Kong and plans to further extend its flexible payment solutions to Southeast Asia.
instalment payments, product launch, expansion, BNPL, online payments
The Paypers studied the most relevant investments announced during Q3 2022. While the global fintech industry is growing at a slower pace compared to 2021, BNPL, embedded finance, and lending still seem safe investment bets.
fintech, investment, BNPL, embedded finance, funding, financial services, mobile banking, COVID-19, startup, neobanks, The Paypers Quarterly Analysis series
Germany-based Mondu has introduced Split Payments, a solution that allows business buyers to split purchases into six equal, interest-free payments.
product launch, payments , instalment payments, ecommerce, online payments, BNPL, B2B payments
US-based BNPL company Splitit has recently announced it has completed a USD 10.5 million private placement with institutional investors to continue growing its Installment-as-a-Service project expansion.
BNPL, API, instalment payments, online payments, merchants, checkout optimisation , online shopping
Kontempo, a US-based startup offering BNPL, has raised a USD 30 million seed round in a mix of equity (USD 6.5 million) and debt (USD 25 million).
funding, B2B payments, BNPL, startup, merchants
Sri Lanka-based People’s Bank and state-owned non-banking financial institution People’s Leasing & Finance PLC have launched two co-branded credit cards in partnership with global payments processor Visa.
partnership, credit card, Visa, banks, bank account
US-based telecommunication company Verizon has announced it will now offer a 36-month payment plan for all its devices, as opposed to the previous 30-month plan.
instalment payments, online payments, BNPL, Verizon Media
partnership, product launch, BNPL
Discover Global Network, ecommerce, COVID-19, seamless checkout, security, retail, contactless payments, ProtectBuy, secure remote commerce
UAE-based online payment gateway owen by Amazon PAYFORT has teamed with Egypt-based financial services company valU for installment sales services.
PayFort, VaIU, Online Payment Gateway, partnership, online payments, installment sales, retail payments, ecommerce, merchants, Egypt, EMEA, UAE
PAYFORT, an Amazon company, has announced a partnership with valU for installment sales services, to offer payment plans to a wide group of ecommerce stores who have fueled their growth through partnering with PayFort.
PayFort, valU, payments , ecommerce, merchants, online shopping, security
Resolve has launched an automated payments platform offering extended net payment terms.
Resolve, automated, net payment terms, B2B commerce, financing
Nufar Segal Barekt, GM Consumer Financing at Jifiti, debates on who will lead the way in POS consumer financing in 2019
Jifiti, Nufar Segal Barekt, POS consumer financing, POS lending, installments, MasterCard, challenger bank, overdraft, N26, consumer financing, retail, Square, Square POS, ecommerce, merchant, bank, fintech, PayPal, Klarna, credit card
EBANX has partnered with Light in The Box, a China-based ecommerce merchant, to process payments with domestic debit and credit cards in Mexico.
EBANX, local payments, Mexico, Light in The Box, merchant, China, ecommerce, debit card, credit card
Bianca Lopez from PagBrasil presents the challenges merchants encounter when entering the Brazilian market and ways to overcome them
PagBrasil, Bianca Lopez, ecommerce, Brazil, WhatsApp, Facebook, cross-borer payments, Latin America, online payment, cross-border ecommerce
Kilian Thalhammer, iyzico: Even though it is close to other European countries, Turkey has a personality of its own when we talk about customers and online paying habits
Kilian Thalhammer, Iyzico, case study, Turkey, mobile payments, research, Europe
EBANX, a local payments processor in Latin America, has launched a new plugin for WooCommerce to help digital payments in Latin America.
EBANX, plugin, WooCommerce, local payments, Latin America, payments processor, digital payments
Americas Market Intelligence, a market intelligence firm for Latin America, has released a new ecommerce guide to inform merchants how to maximise returns from the Brazilian ecommerce market.
Americas Market Intelligence, ecommerce, merchants, Brazil, Latin America, intelligence, market