PayPal and KKR in PayPal ‘Buy Now, Pay Later’ European Lending Deal.

Key things KKR has agreed to buy PayPal’s buy-now-pay-later (BNPL) loans in Europe. The deal allows KKR to buy up to 40 million euros ($43.7 million) of BNPL loans. PayPal will use a portion of the proceeds to repurchase shares. Shares of PayPal Holdings (PYPL) advanced on Tuesday after the electronic payment system provider struck […]