PayPal to Sell $7B in BNPL Loans to Blue Owl Capital
PayPal is offloading $7 billion worth of buy-now-pay-later (BNPL) loans to Blue Owl Capital, marking one of the largest secondary transactions in the sector. The deal will free up PayPal’s balance sheet, enabling the company to scale its payments innovation while reducing risk exposure. For Blue Owl, it offers a unique entry into consumer credit at a time when BNPL adoption continues to surge globally. This move also reflects the growing trend of fintechs collaborating with private capital providers to fund credit-heavy services. The transaction highlights both the maturing of BNPL as an asset class and the rising institutional appetite for fintech-driven consumer lending. Ultimately, the deal positions PayPal to focus more on platform growth while leveraging third-party financing for credit expansion.
Insight of the Day
The Healthcare Payments Landscape
The healthcare payments industry uses much of the same infrastructure as other sectors but requires specialization to handle the timing and uncertainty of patient responsibility after insurance. Five main groups work together to deliver a comprehensive patient payment experience: EMR/PM platforms, patient billing systems, gateways, acquirers/processors, and banks.
👉 EMR/PM Platforms
Electronic Medical Records (EMR) and Practice Management (PM) systems serve as the “operating system” for providers, managing everything from patient records to billing. They are the source of truth for balances, and many staff workflows (e.g., collecting co-pays at check-in, managing payment plans) occur here. EMRs often embed payment tools or integrate via open APIs, preferred partners, or Payment Facilitation models. Partnerships with EMRs/PMs are strategic for processors due to vendor influence over workflow and buying decisions.
👉 Patient Billing Systems
While balances are calculated in the EMR/PM, providers often use multiple billing systems to actually collect payments:
🔹 Multiple systems: POS in EMR/PM, online via third-party tools.
🔹 Bundled: Some EMRs (e.g., Epic’s MyChart) include billing. RCM providers like R1 use Entri Pay.
🔹 Standalone: Companies like Phreesia, Cedar, and RevSpring provide billing, statements, IVR, payment plans, or digital wallet support.
Curated News
💳 Payments
Viva.com Expands Tap to Pay on iPhone Across Europe
Viva.com has launched Tap to Pay on iPhone in Norway, extending mobile-first payment capabilities to 24 European markets. This expansion strengthens its presence in the region while simplifying card acceptance for merchants.
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EBANX Enables Pix Recurring Payments for Hotmart
EBANX has integrated Pix recurring payments for Hotmart, resulting in a 32-point retention increase. The feature makes recurring billing more seamless, boosting customer loyalty and subscription stability.
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Eltropy Launches Unified Payment System for Credit Unions
Eltropy has introduced a self-serve, unified payment platform for credit unions and community banks. The system simplifies transactions and enhances member experience through automation.
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PayPal Commits $100M to Growth in Middle East & Africa
PayPal is investing $100 million to accelerate digital growth in the Middle East and Africa. The move aims to expand financial inclusion and strengthen PayPal’s presence in emerging markets.
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Bivial AG Launches Physical Visa Debit Cards
Swiss fintech Bivial AG has rolled out physical Visa debit cards, complementing its digital-first offerings. This provides customers with more flexibility and wider acceptance options.
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Elavon and PrestaShop Partner on European Payments
Elavon has teamed up with PrestaShop to deliver seamless online payments for European merchants. The collaboration enhances e-commerce checkout experiences and broadens reach.
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Survey: Online Checkout Failures Cost Companies $1M+
A new survey reveals that one in four companies lose more than $1 million annually due to failed online checkouts. The findings highlight the need for streamlined payment solutions to reduce cart abandonment.
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🏦 Banking
FIS Acquires Amount to Simplify Digital Banking
FIS has acquired fintech platform Amount to provide unified digital account origination solutions. The move aims to help banks accelerate growth and deliver more streamlined customer experiences.
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Prove and Backbase Partner for Faster Onboarding
Prove and Backbase have joined forces to improve digital onboarding for financial institutions. The partnership combines identity verification with core banking technology to reduce fraud and speed up account opening.
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Starling Bank Partners with Arsenal on Financial Literacy
Starling Bank has signed a multi-year partnership with Arsenal FC to promote financial literacy and community initiatives. The collaboration aims to engage fans and empower local communities.
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💸 Fintech
Tipalti Secures $200M to Advance AI in Finance
Tipalti has raised $200 million in growth financing to accelerate AI-driven innovation. The funds will support automation and scaling of its global payables platform.
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Smartstream Rebrands to Reflect Data Solutions Focus
Smartstream has unveiled a new brand identity to emphasize its positioning as a data solutions leader. The rebrand highlights its pivot toward advanced analytics and automation.
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Mimica Raises $26.2M for AI Agents in Enterprises
Mimica has secured $26.2 million in Series B funding to train AI agents for enterprise workflows. The company aims to make agentic AI more practical and impactful in real-world operations.
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🪙 Crypto
Coinbase to List Singapore Dollar Stablecoin
Coinbase is set to list its first Singapore dollar stablecoin in partnership with StraitsX. The move deepens its footprint in Asia and supports the growing demand for regional stablecoins.
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Athena Bitcoin Accused of Stealing Source Code
ATM operator Athena Bitcoin faces allegations of stealing copyrighted source code. The case raises concerns about intellectual property disputes in the crypto infrastructure space.
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Hackers Sell Maryland Transit Data for Bitcoin
Hackers are reportedly selling stolen Maryland transit data for millions in Bitcoin. The breach underscores the growing link between cybercrime and cryptocurrency markets.
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Crypto Treasuries Meet ETFs in SEC Filing
A new proposal before the SEC seeks to merge corporate crypto treasuries with ETFs. If approved, it could create a novel investment vehicle blending traditional finance and digital assets.
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📜 Regulation
ECB: Digital Euro Could Roll Out in 2029
ECB board member Piero Cipollone has indicated that a digital euro could launch by 2029. The timeline reflects the EU’s cautious but steady progress on central bank digital currency development.
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Australia Drafts Law to Tighten Oversight of Crypto Platforms
Australia has proposed new legislation to strengthen regulation of digital asset platforms. The draft law aims to boost consumer protection and align with global standards.
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📊 Other
BIS Uses AI to Predict Market Dysfunction
BIS researchers are developing AI tools to forecast financial market dysfunction. This could enhance regulators’ ability to detect risks and prevent systemic crises.
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HSBC & IBM Test Quantum-Enabled Algorithmic Trading
HSBC and IBM have demonstrated the world’s first quantum-enabled algorithmic trading system. The breakthrough shows how quantum computing could revolutionize trading strategies.
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Bybit Launches 24/5 Stock CFD Trading
Bybit has introduced 24/5 stock CFD trading on its TradFi platform. The move bridges traditional finance with crypto-native trading environments.
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