Tagged: afterpay

BNPL Adoption: Buy Now Pay Later Transactions via Afterpay Increased Significantly During Holiday Shopping

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

Afterpay and Rokt to Offer Consumers Relevant Ecommerce Experiences

Rokt, the ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced its partnership with Afterpay, one of the global leaders in “Buy Now, Pay Later” payment. The partnership enables Afterpay to offer its ecommerce shoppers “highly relevant… Read More

BNPL: Commerce Enabler Digital River Offers Pay Later Options Afterpay, Clearpay

Digital River, which claims to be an experienced global commerce enabler for established and fast-growing brands, announced it is now offering Afterpay and Clearpay to address growing consumer interest in buy-now-pay-later (BNPL) options. The new offerings “represent an expansion of Digital River’s already robust portfolio… Read More

BNPL: Afterpay’s Monthly Payment Solution Gives Consumers More Ways to Pay

Afterpay (ASX:APT), which claims to be a leader in “Buy Now, Pay Later” (BNPL) payments, introduced a new payment solution that gives consumers even more choice, flexibility and time “to pay, with transparent terms to support responsible spending – just in time for the busy… Read More

CFPB on BNPL: Uneven Disclosures and Protection for Consumers

The Consumer Financial Protection Bureau (CFPB) has published a report on the buy now – pay later (BNPL) industry, criticizing the sector of Fintech as having “uneven disclosure and protections” for borrowers. The CFPB noted that BNPL rocketed higher by almost 10X the amount in… Read More

BNPL Fintech Clearpay Extends In-Store Buy Now Pay Later to Smaller High Street Retailers

Clearpay, a key player in Buy Now, Pay Later payments known as Afterpay outside the United Kingdom and Europe, has made its in-store payment functionality available to SMBs across the UK’s high streets. By providing installment payments in-store, Clearpay is supporting them to drive more… Read More

BNPL: Optty Introduces Independent Platform for Retailers to Add Buy Now, Pay Later Providers

Optty, which claims to be the first Buy Now, Pay Later integration platform, has in stealth raised more than $9 million in private funding and recently announced its solution “for retailers and payment gateway providers to revolutionize the fast-growing sector with transparency, simplicity, and speed.”… Read More

BNPL: Buy Now Pay Later Expected to “Disrupt” Consumer Payments in Australia, Report Reveals

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

Block, Inc. Finalizes Afterpay Acquisition

Block, Inc. (NYSE: SQ) and Afterpay Limited have confirmed the successful completion of the Scheme of Arrangement under which Block has reportedly acquired all of the issued shares in Afterpay. This deal aims to allow Block to more effectively offer the best financial products and… Read More

ThinkSmart Ltd to Sell Clearpay Stake to Afterpay

ThinkSmart Limited (AIM: TSL), a specialist virtual payments platform business, has announced that it has agreed terms with Afterpay for ThinkSmart’s subsidiary, ThinkSmart Europe, in order to sell its 10% holding in Clearpay in exchange for 1,650,000 shares in Afterpay. As noted in the announcement,… Read More

BNPL Fintech Afterpay Introduces Buy Now, Pay Later Subscriptions In the US

Afterpay (ASX:APT), a provider of Buy Now, Pay Later (BNPL) payments, has announced its subscription solution – giving US consumers the option to pay for their recurring purchases in installments. Merchants such as IPSY, BoxyCharm, Savage X Fenty, and Fabletics will be among the first… Read More

BNPL Fintech Afterpay Announces In-Store Payment Options at Major Retailers

Afterpay (ASX:APT), a provider of Buy-Now-Pay-Later (BNPL) payments, has announced that its in-store payments solution is currently available at major retailers “just in time for the busy holiday shopping season – including Nordstrom and Nordstrom Rack, J.Crew, Madewell, American Eagle, Aerie, Tilly’s, Morphe, Alo Yoga,… Read More

Payments Fintech Square to Acquire Australia’s Leading BNPL Firm Afterpay for $29 Billion

Fintech giant Square (NYSE:SQ) will be acquiring Australia-based Buy Now, Pay Later or BNLP firm Afterpay for $29 billion. For payments Fintech Square, this deal should serve as a key opportunity to enter the fast-growing BNPL market that is now challenging the traditional merchant card-based… Read More

Australia based BNPL Fintech Afterpay to Offer a Money and Lifestyle App with Assistance from Westpac

Australia-based Buy Now, Pay Later (BNPL) Fintech Afterpay (ASX:APT) says it will be diversifying its business operations with the introduction of a “money and lifestyle” app. The Money app has been developed following Afterpay‘s partnership with Westpac. Through their collaboration, Afterpay is able to operate… Read More

Marqeta Joins Forces With Afterpay For In-store Digital Card Offering in Australia & New Zealand

  Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Thursday it has teamed up with Afterpay for in-store digital card offering in both Australia and New Zealand. The duo has also partnered in the U.S and Canadian markets According to Marqeta,… Read More

Afterpay Teams Up With Adyen For Flexible Payment Option

Afterpay (ASX:APT), a digital platform that offers interest-free installment plans for online purchases, announced on Thursday it has teamed up with Adyen (AMS: ADYEN), a global payments platform, to offer its “Buy Now, Pay Later” (BNPL) service to retailers. The companies revealed that the first retailer… Read More

Australian Fintech Linkly Appoints Former AfterPay COO Frerk-Malte Feller As New CEO

  Linkly, an Australia-based fintech, announced on Wednesday it has appointed former Global COO of Afterpay, Frerk-Malte Feller, as its new CEO. According to Linkly, Feller previously held senior exceutive positions at eBay and PayPal.  “The company’s solutions and the recent move into online payments,… Read More

Afterpay Announces Buy Now, Pay Later Partnership With Stripe

  Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it has joined forces with Stripe to offer buy now, pay later payment services for merchants. According to Afterpay, the partnership allows both new and existing Stripe merchants to… Read More

Buy Now Pay Later Payments Platform Afterpay Debuts Cross Border Commerce for Merchants Partners

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Thursday it has introduced cross-border commerce for its merchant partners. Afterpay reported that specifically, merchants may open their e-commerce sites to Australian, British, Canadian, and New Zealand shoppers. According to Aftepay… Read More

Buy Now Pay Later Payments Platform AfterPay Set to Offer Savings Accounts & Cash Flow Tools to Australia Customers

  Afterpay, a digital platform that offers interest-free installment plans for online purchases, is continuing its expansion efforts by launching a savings account and cash flow tools in Australia. The latest expansion comes just a couple of months after Afterpay announced its expansion into Canada…. Read More