In a further indication of how popular ‘Buy Now, Pay Later’ services have become in the UK, e-commerce payments firm Clearpay has revealed that more than a million UK shoppers used its service in its first year.
The at-home concierge service has hired former Galvan CEO Paul O’Regan as its new CCO. The move is part of plans to accelerate the company’s growth after securing more than 30 retail partners in London and New York.
With Debenhams having received a cash injection from its backers to help it through the festive season, the company is betting heavily on its ability to use the season to help drive its turnaround forwards.
After nearly defaulting in 2016, the second-hand apparel and accessories website has become a key player in Europe, with France its stalwart, and is now focused on extending its product range to become profitable.