PayPal launches a new buy now, pay later product in the UK allowing users to pay in three instalments over a short period.
Just like Klarna, Curve credit offers credit on purchases made with your Curve card, which is to be paid back in instalments.
PayPal is launching its ‘Pay in 4’ platform in the United States to compete with Klarna and other 'buy now, pay later' based businesses.
The 'all cards in one' fintech Curve has been testing its new lending option with just a small number of customers at the moment. The full launch is expected later this year.
Swedish 'buy now - pay later' unicorn Klarna has partnered with the German online deposit marketplace platform Raisin to expand it’s offering in the German market.
Nordic challenger Lunar has managed to raise another €40 million in funding and is about to launch a BNPL product.
Thought Machine is a cloud-native core banking technology company and it has been selected by Curve to power it's new 'buy now, pay later' feature, the Curve Credit.