March 1, 2021 @ 10:55 pm By Omar Faridi  |  

Buy Now, Pay Later or BNPL adoption is on track to grow significantly in the next few years with the Asia-Pacific region being one of the main drivers. A study performed by Coherent Market Insights reveals that the international BNPL market had been valued at… Read More

 Tagged bnpl, buy now pay later, consumer behavior, coronavirus, covid-19, europe, flexible payments, installment plans, mas, monetary authority of singapore, payments, singapore, southeast asia, uk, united kingdom

March 1, 2021 @ 3:30 pm By Samantha Hurst  |  

ZELF, a neobank that provides financial services through online messengers, has reportedly secured $2 million through its pre-seed funding round, which was led by Austrian venture capital fund 3VC, with Seed X and Hard Yaka  Founded in 2017, ZELF claims to be the first bank… Read More

 Tagged investment, messenger-based, neobanking, pre-seed, zelf

March 1, 2021 @ 3:12 pm By Samantha Hurst  |  

    U.S. fintech Affirm recently announced plans for the Affirm Card, the first U.S. debit card to have direct access to pay-over-time functionality. According to Affirm, the Affirm Card will allow consumers to pay upfront, from their bank account, or pay later, by using a unique… Read More

 Tagged affirm, benefits, buy now pay later, credit card, pay over time, u.s., united states

March 1, 2021 @ 1:19 pm By Samantha Hurst  |  

  Volkswagen Financial Services UK (VWFS), part of Volkswagen AG, has partnered with Scrive and Onfido to launch their next-generation digital financing solution for UK dealerships. According to Volkswagen, Scrive’s electronic signature service and Onfido’s digital identity verification services are integrated into the new process for verifying customer identity… Read More

 Tagged automobiles, cars, digital financing, onside, scrive, volkswagen financial services

March 1, 2021 @ 11:42 am By Samantha Hurst  |  

  First Boulevard, a digitally native neobank that is focused on improving the financial livelihood of Black America, announced on Monday it raised $5 million through its latest seed funding round, which saw investments from a group of leading financial services investors including Barclays and… Read More

 Tagged first boulevard, investment, neobank, online banking, seed funding, u.s., united states

March 1, 2021 @ 10:38 am By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has expanded its partnership with North American online rent payment platform RentMoola. According to Paysafe, the partnership will allow  RentMoola to add Paysafecash eCash alternative payment method to better serve U.S. tenants whose payment preference is… Read More

 Tagged digital payments, online payments, paysafe, rentmoola, u.s., united states

March 1, 2021 @ 9:46 am By Samantha Hurst  |  

Mobility Capital Finance (MoCaFi), a U.S.-based mobile-first banking platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Tom and Wende Hutton, with participation from Citi Impact Fund, Mastercard, 1Flourish Capital, Commerce Ventures, Founded in 2015, MoCaFi… Read More

 Tagged fintech, investment, mobile-first, mobility capital finance, mocafi, online bank, online banking, series a

March 1, 2021 @ 8:41 am By Omar Faridi  |  

Property finance platform LendInvest notes that supporting Limited Company Buy-to-Let clients is one of their “specialties,” with criteria tailored to support professional and portfolio landlords to “get the most out of our product range.” At LendInvest’s recently-held 2021 Broker Kick Off Event, their expert BDM… Read More

 Tagged buy-to-let, europe, gene clohessy, lendinvest, shane wallace, uk, united kingdom

March 1, 2021 @ 8:17 am By Samantha Hurst  |  

    Virgin Money announced on Monday it is expanding its partnership with fintech data expert platform Life Moments. Virgin Money reported the expanded partnership will focus on the development of the “sustainability elements” that it will offer to its business banking customers. Life Moments has… Read More

 Tagged expansion, life moments, partnership, virgin money

March 1, 2021 @ 8:03 am By Samantha Hurst  |  

  Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More

 Tagged digital payments, expansion, global, investment, klarna, retail, u.s., united states