Buy Now Pay Later. Ikea invests in Jifiti

Featured image of the article Buy Now Pay Later. Ikea invests in Jifiti
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17 September 2021 à 17h24

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1 minute

Publication: 17 September 2021 à 17h24

Reading time: 1 minute

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Publication

17 September 2021 à 17h24

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1 minute

Publication: 17 September 2021 à 17h24

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In early September 2021, the Swedish retailer Ingka (390 Ikea stores in 32 countries, 45 shopping centers plus an e-commerce site accounting for 18% of last year’s turnover) invested US$ 22.5 million in Jifiti, a payment solutions provider that specialised in Buy Now Pay Later (BNPL).

Originally from Israel with offices in the United States, Jifiti offers white label services primarily to banks. The company is already established with Ikea, which has been a customer for these services since...

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