In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna […]
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Back to news homeDaily Crunch: Kurtosis raises $20M Series A to give web3 developers ‘a place to play around’
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Haje and I are swapping places for […]
Fairbanc provides BNPL for micro-merchants in Indonesia
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in […]
Klarna’s potential valuation cut to $15B appears sufficiently steep
The Wall Street Journal recently reported that Klarna, a European buy-now-pay-later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a […]
Apple enters the BNPL market as regulation, competition intensify
During its WWDC keynote, Apple announced a bevy of changes and updates to its hardware and software. In the mix were anticipated improvements to its various operating systems and computers […]
Affirm and Klarna ramp up competing efforts to attract US consumers
Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here […]
Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global
More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it’s […]
Affirm’s CTO talks transparency and the tech that makes BNPL possible
BNPL is not a new concept; it’s just taken off in recent years and become far more mainstream. Buy now, pay later lets people do exactly what its name suggests […]
Fraud as a service: Scammers are using encrypted messaging to undercut BNPL revenue
Brittany Allen Contributor As Sift’s Trust and Safety Architect, Brittany Allen has more than a decade of experience combating e-commerce marketplace fraud at companies such as Etsy, Airbnb, 1stDibs and […]
TechCrunch+ roundup: Box unfolds a surprise, robotics pitch tips, BNPL growing pains
Swedish fintech giant Klarna was doing well before the pandemic, but today, it’s a mega-unicorn: In June 2021, it reached a $45.6 billion valuation after raising $639 million. Much of […]