In today’s top Europe, Middle East and Africa news, the London-based buy now, pay later (BNPL) FinTech Zilch has launched in Europe, and the Kenyan BNPL startup Lipa Later has raised $12 million.
Plus, Barcelona-based Last.app cooks up $2.5 million to expand its restaurant management platform, the finance platform Railsbank enters the BNPL arena and the U.K. Parliament Committee sees more risks than benefits in central bank digital currencies (CBDCs).
London-based BNPL firm Zilch is now offering its services across Europe as it challenges Afterpay and Klarna in the highly competitive sector, TBTech.com reported Thursday (Jan. 13).
The FinTech said the expansion is possible thanks to its expanded partnership with Mastercard. Zilch allows users to pay at any merchant that accepts Mastercard. Typically, BNPL merchants offer the option at checkout on selected retailers’ websites.
Lipa Later, a BNPL company operating in Kenya, Rwanda, Uganda and Nigeria, has raised…