KKR to buy up to $75.4 billion of PayPal's European BNPL loans in renewed deal

Core Insights - PayPal and KKR have renewed their partnership, allowing KKR to purchase up to 65 billion euros ($75.4 billion) of PayPal's European buy now, pay later loans [1] Group 1: Partnership Details - The renewed partnership signifies a strong commitment between PayPal and KKR in the buy now, pay later segment [1] - KKR's investment will focus on acquiring a substantial amount of PayPal's loans, indicating confidence in the growth of this financial product in Europe [1] Group 2: Financial Implications - The transaction amount of 65 billion euros ($75.4 billion) highlights the scale of investment and potential market impact [1] - This partnership may enhance PayPal's liquidity and ability to expand its services in the European market [1]