PayPal, KKR Renew European BNPL Receivables Deal Up to 65 Billion Euros-March 2024-www.financetom.com

PayPal, KKR Renew European BNPL Receivables Deal Up to 65 Billion Euros

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PayPal, KKR Renew European BNPL Receivables Deal Up to 65 Billion Euros

Nov 17, 2025 6:41 AM

09:26 AM EST, 11/17/2025 (MT Newswires) -- PayPal ( PYPL ) said Monday it renewed its agreement with KKR (KKR) for an up to 6 billion euros ($6.96 billion) replenishing commitment under which KKR-managed funds may buy up to 65 billion euros of European buy now, pay later loan receivables through March 2028.

The receivables related to loans originated in France, Germany, Italy, Spain and the UK, while PayPal ( PYPL ) will continue underwriting and servicing for its European BNPL products, the company said.

KKR Capital Markets arranged the debt for the transaction, and the agreement was already reflected in PayPal's ( PYPL ) Q4 and full-year 2025 guidance, PayPal ( PYPL ) said.

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