<div>
  <ul>
    <li>
      <p>
        Norwegian B2B BNPL firm Two raised EUR 18 million (~USD 19.4 million) in a Series A financing round led by Shine Capital and Antler, with participation from Sequoia Capital, Day One Ventures, and Local Globe, among others.
      </p>
    </li>
    <li>
      <p>
        Funding is set to be utilized for the company&rsquo;s expansion into European markets.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake:</b>
         Similar to Two, B2B BNPL firms 
        <a href="https://sp-edge.com/updates/15685">
          Mondu
        </a>
         and 
        <a href="https://sp-edge.com/updates/15876">
          Tranch
        </a>
         secured funding rounds for the purpose of expanding their geographical reach in January 2023. Mondu aimed to expand in Europe, while Tranch targeted the US market.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://sifted.eu/articles/payment-startup-two-raise-news/">
      Sifted
    </a>
  </p>
</div>


Buy Now, Pay Later

Norwegian BNPL firm Two raises EUR 18 million in a Series A funding round

New Zealand BNPL provider Laybuy lays off 10% of its workforce

Saudi Arabian BNPL platform Tamara raises USD 150 million in debt financing from Goldman Sachs

Hokodo partners with BNP Paribas to provide BNPL solutions to multinational corporations’ business customers

Sezzle announces intention to list on the NASDAQ exchange

Affirm exits Australian market citing an orderly wind-down of operations

Italian BNPL provider Scalapay acquires Italian payment company Cabel IP

Zip plans to exit its operations in 10 out of its 14 global markets

Sezzle returns to profitability in Q4, with FY22 net losses down significantly

Klarna’s losses grow significantly in FY2022 although GMV growth picks up

Humm reports releases its 1H FY2023 earnings; reports improved gross volume

MENA-based Tabby to suspend operations in Egypt given the country’s adverse macroeconomic conditions

Affirm to hike annual percentage interest rates on BNPL products from 30% to 36%

German BNPL provider Flexvelop raises EUR 3 million in funding

Apple releases details on criteria for access to its BNPL product

BNPL infrastructure solutions provider Limepay rebrands as April; shifts focus to embedded finance solutions

UK to move ahead with BNPL regulations outlining measures for consumer protection

Westpac enters the BNPL space through the launch of PartPay for its credit card customers

Affirm’s stock price plunges as operating losses more than double and revenue comes in below analyst expectations

Openpay announces move to receivership; temporarily suspends new transactions on platform

Apple soon set to launch BNPL solution titled “Apple Pay Later”

BNPL provider Splitit partners with Ingenico to launch a one-touch installment solution embedded in Ingenico POS terminals

Laybuy reports subdued GMV although default rates were at a record low

Openpay reports record TTV, quarterly revenue, and active merchants in Q2

Splitit reports moderate revenue and MSV growth in Q4 FY2022

New Zealand-based B2C BNPL provider, Laybuy, announces voluntary decision to delist from ASX; shareholder approval required

B2C BNPL provider Payright announces changes to its board and management structure

B2B BNPL provider, Tranch, raises USD 100 million in seed equity and debt funding

B2B BNPL platform Vartana raises USD 12 million in Series A funding

Kueski names ex-Stripe executive Fausto Ibarra as Chief Product Officer

All Updates