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Bolt introduces Ride-Now-Pay-Later in Nigeria

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Bolt has introduced a ride-now-pay-later option in Nigeria, in partnership with Nigerian BNPL start-up, Credpal. The option means Nigerians will soon be able to take...

MTN, others partner to sell phones on credit to Nigerians

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In a bid to bridge the huge internet connectivity/access gap in Africa, the continent’s biggest telecoms/technology firm, MTN has initiated a buy-now-pay-later (BNPL) scheme...

eCommerce losses to online payment fraud to exceed $48 billion globally...

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A new study from Juniper Research has found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just...

Buy Now Pay Later users to top 900 million Globally by...

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A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing...

Apple launches BNPL product

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Apple has jumped into the buy now, pay later (BNPL) market, enabling US customers to split Apple Pay purchases into instalments. Available for all in-app...

Debts piling on shoppers using BNPL – Barclays Report

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Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments...

UK: BNPL firms ordered to refund charges to users following regulator...

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The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming...

TradeDepot raises $110 million to extend ‘Buy-Now-Pay-Later’ to retailers across Africa

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TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support...

PayPal steps into Australia’s buy now, pay later market

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Payments giant Paypal will launch its buy now, pay later (BNPL) solution in Australia this June, Reuters have reported. The offering, dubbed Pay in...

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