Indian Pay Later Solutions Experience 50% YoY Increase in Equated Monthly Transactions during Checkout on Amazon, Flipkart

October 21, 2020 @ 9:20 pm By Omar Faridi |

Lizzie Chapman, CEO and Co-Founder at ZestMoney, which claims to be one of the largest and fastest-growing Fintech firms in India, notes that as the festive season begins in India, the company has seen a significant increase in demand for online “affordability” solutions from its… Read More

Read more in: Asia, Fintech | Tagged amazon, amazon india, amazon pay, bnpl, buy now pay later, consumer behavior, digital commerce, diwali, e-commerce, emi, equated monthly installments, flipkart, holiday shopping, india, lizzie chapman, zestmoney

Bengaluru based Fintech Simpl to Support 1,500 New Digital Commerce Merchants via RazorPay

October 8, 2020 @ 8:01 pm By Omar Faridi |

Bengaluru based Simpl, a company that aims to make money simple, so that people can “live well and do amazing things,” has reportedly added 1,500 new merchants through digital banking platform Razorpay during the lockdown period (following the COVID outbreak). Simpl‘s partnership with Razorpay will… Read More

Read more in: Asia, Fintech | Tagged amitabh tewary, Bengaluru, bnpl, buy now pay later, consumer behavior, coronavirus, covid-19, digital commerce, digital payments, e-commerce, india, installment plans, online shopping, online transactions, razorpay, simpl

UAE’s Buy Now Pay Later Fintech Spotii to Support Business Growth with Microsoft AppSource by using its Network to Co-Market Services

September 14, 2020 @ 10:36 am By Omar Faridi |

Dubai’s Buy Now Pay Later (BNPL) Fintech firm Spotii has officially launched on Microsoft AppSource, which is an app store and online marketplace for companies using various Microsoft products. Spotii’s digital platform allows fashion, beauty, and lifestyle retail outlets to provide more flexible payment plans… Read More

Read more in: Asia, Fintech | Tagged ahmed khizer khan, anuscha iqbal, bnpl, buy now pay later, digital commerce, dubai, e-commerce, mena, mena region, microsoft, microsoft appsource, middle east, online shopping, payment plans, roberto croci, spotii, toby bowers, uae, united arab emirates

Sweden’s Buy Now Pay Later Fintech Klarna Reportedly Planning to Raise $500 Million at $10 Billion Valuation and Potential US IPO

September 9, 2020 @ 9:51 am By Omar Faridi |

Sweden’s Buy Now, Pay Later firm Klarna is reportedly planning to secure $500 million in capital via an investment round which could double its valuation to around $10 billion, according to a recent report from Reuters (which cited sources familiar with the matter). Klarna had… Read More

Read more in: Fintech, Global | Tagged bnpl, buy now pay later, iniital public offering, investment round, ipo, klarna, moneymour, sweden, united states, us

UK’s Digital Commerce Market to be Valued at $412 Billion by 2023: Report

February 28, 2020 @ 4:29 pm By Omar Faridi |

Worldpay from FIS’s has published its 2020 Global Payment Report which notes that the United Kingdom’s digital commerce market is on track to be valued at £319.8 billion (appr. $412 billion) by 2023. The substantial growth in e-commerce is being driven by rising online sales… Read More

Read more in: General News, Global | Tagged bnpl, buy now pay later, digital payments, digital wallets, e-commerce, shane happach, uk, united kingdom, worldpay

Westpac-backed VC Fund Reinventure Joins $90 Million for Kredivo’s Owner, Indonesia’s Leading “Buy Now Pay Later” Platform

January 28, 2020 @ 12:54 pm By Omar Faridi |

Westpac-backed VC fund Reinventure aims to increase its presence in Asia’s Fintech economy. Reinventure has reportedly joined a $90 million investment round for Kredivo’s owner, Indonesia’s fast-growing “buy now, pay later” (BNPL) platform. Asia Growth Fund and Square Peg led Reinventure’s latest round for FinAccel,… Read More

Read more in: Asia, Fintech, Global | Tagged akshay garg, bnpl, buy now pay later, india, investment round, kredivo, reinventure, rohen sood, venture capital, westpac