28 July 2021

Payl8r raises £40mn funding 

Written By FinTech Alliance

Payl8r raises £40mn funding 

UK buy now, pay later platform Payl8r is set for unicorn status after its recent £40mn funding. 

In Brief:

The funding comes from Conister Bank. 

The Manchester based FinTech says it’s set to become a unicorn within five years. 

In the past year, Payl8r has tripled its lending. 

What does this mean?

In a press release, Payl8r says the funding has the potential to generate another £40mn. It is currently expanding its office space and has built a new in-house creative team. 

Read more here. 

Up Next ...
28 March 2024

EToro adds 12 tokens to crypto lineup

EToro, the trading and investing platform, announced today that it ...

28 March 2024

Robinhood launches credit card

Robinhood continues to expand beyond its stock trading origins.In brief:- ...

28 March 2024

Sandbox Banking partner Plaid

Sandbox Banking and Plaid partner to strengthen identity verification and ...

27 March 2024

Targeting $180M in Revenue, Vault Aims to Lead the $50B Digital Crypto Banking Market

Written By: Vault

Vault's approach of providing personalized, effective, and affordable white label solutions for digital and crypto banking has captured the interest of a diverse range of...

More in Payments

Visa and Mastercard lower fees

27 March 2024

Visa and Mastercard reach $30bn interchange fee settlement with merchants.In ...

BT Group partners with Adyen

21 March 2024

Transforming business payments with tap to pay on IPhone. In brief:- ...

Mastercard launches new tool

13 March 2024

Mastercard has launched an open banking-powered subscriptions management tool that ...

Stripe scores deal with rental car giant Hertz

11 March 2024

The announced partnership with The Hertz Corporation to power payments ...

White Papers Payments

Deloitte and Mambu guide to Buy Now, Pay Later

02 October 2023

Buy Now, Pay Later (BNPL) is finance for the digital age. This report focuses on the online BNPL mar...

White Papers Payments

Building a business card program in today’s digital fist landscape

12 June 2023

For many financial institutions (FIs), the rapid transformation to a digital-first mentality greatly...

White Papers Payments

The Case for Payments as a Service

28 March 2023

The demands on financial services technology have increased significantly and the pace of change con...

White Papers Payments

How the rise of PayTech is reshaping the payments landscape

28 March 2023

PayTechs’ relentless disruption means that only banks and payment service providers that offer “valu...

There are no Events in this category