UK set for buy-now pay-later revolution, says Clearpay’s Nick Molnar Fintech Molnar tells City AM the future is limitless for the buy-now pay-later juggernaut he founded with then-neighbour Anthony Eisen in 2014.
Buy-now pay-later giant Klarna files for IPO in the US Fintech Buy-now pay-later (BNPL) giant Klarna has filed for an initial public offering (IPO) in the US, formally starting proceedings for a blockbuster stock market debut. The Swedish fintech company confidentially submitted the relevant paperwork to the Securities and Exchange Commission (SEC), it said last night. Klarna added that the number of shares to be offered [...]
US fintech giant Affirm muscles into UK’s buy-now pay-later market Fintech US fintech giant Affirm has launched a UK buy-now pay-later (BNPL) offering as it looks to grab a slice of the fast-growing market in a challenge to the likes of Klarna, Clearpay and Zilch.
Government set to bring buy-now pay-later firms under FCA regulation October 17, 2024 The Treasury is set to unveil its plans for buy-now pay-later rules tomorrow in a move that could end years of uncertainty surrounding the regulation of the sector, City AM has learned.
Klarna grows UK network by a third in buy-now pay-later boom October 15, 2024 Klarna said its network of UK merchants has grown by roughly a third over the last year in a sign of booming demand for buy-now pay-later services among British consumers.
Zilch books quarterly profit and readies hiring spree as IPO looms October 10, 2024 Buy-now pay-later provider Zilch is planning to double staff numbers over the next 18 months after booking its first quarterly profit ahead of a much-anticipated IPO.
Zilch doubles down on AI for buy-now pay-later domination ahead of planned IPO next year May 5, 2024 London fintech Zilch is ramping up its use of artificial intelligence to boost competition with rival buy-now pay-later (BNPL) providers like Klarna and help it achieve profitability ahead of a planned IPO next year.
Exclusive: Laybuy up for sale after turbulent time on public markets April 16, 2024 Buy-now pay-later firm Laybuy has put itself up for sale and is hunting for potential buyers following a turbulent few years on the public markets, City A.M. can reveal.
Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
Merry Clickmas: UK shoppers splashed £24bn online over festive season January 8, 2024 Christmas shoppers in the UK filled their carts with more than £24bn in online spending over the festive season, fresh data has revealed.