Tagged: bnpl

Buy Now Pay Later or BNPL Market in Southeast Asia Is Growing Rapidly with Fintech Firms like Grab, Razer Offering Flexible Purchasing Plans

Buy Now, Pay Later (BNPL) services are being widely-adopted in Southeast Asia. BNPL service providers allow consumers to pay for products via flexible instalment plans. Major Fintechs offering BNPL options in the Southeast Asian region include Grab, GoJek, Razer, Oriente, among others. BNPL lets people… Read More

BNPL Twisto Receives €16 million Investment

Twisto, a buy now pay later (BNPL) Fintech, has received a €16 million investment led by Zip Co and Elevator Ventures.  Twisto is attempting to follow in the footsteps of firms like Affirm that just went public at a market cap of over $11 billion…. Read More

Affirm Nearly Doubles on First Day Trading on NASDAQ

Affirm (NASDAQ:AFRM), the first Fintech of 2021 to complete a traditional (non-SPAC) initial public offering, traded far higher today than its offer price. Affirm priced shares at $49 a piece but rocketed higher. At the close, Affirm traded at nearly double ending the day at… Read More

Shares in Affirm Immediately Jump to Over $90 a Share, After Pricing at $49 [u]

Affirm, a Fintech providing point of sale credit services for consumers bumped up its initial public offering (IPO) price once again – now set at $49 a share. The price increase was due to overall demand. The goal of Affirm is to be a viable… Read More

BNPL Limepay Chosen by Property Marketplace Domain

Limepay, a buy now pay later (BNPL) provider, has been selected by Domain (ASX:DHG)  – an Australian property marketplace – to provide credit services with a new product called “MarketNow” according to a note from the company. MarketNow Payments Pty Ltd is a joint venture… Read More

Digital Travel Platform Agoda Partners with Buy Now, Pay Later Fintech Atome to Offer Instalment Plans to Malaysia and Singapore Consumers

Agoda, a fast-growing online travel platform, has teamed up with Singapore-based Buy Now, Pay Later (BNPL) platform Atome in order to provide flexible instalment plans for accommodation bookings. These payment options will first be offered in Singapore and Malaysia, and then rolled out to several… Read More

The Top Ten Fintech Predictions for 2021

Fintech enthusiasts welcome back to my 5th annual “Top Ten” Fintech prediction series. This year I’ve met a lot of powerful movers and shakers in the Fintech space. My take away from these meetings and interactions is how little do I know about this ever-expanding… Read More

Many Buy Now, Pay Later or BNPL Fintechs in Australia are Not Properly Regulated, which Poses Serious Risks, Industry Exec Claims

Grant Halverson, CEO and MD at McLean Roche Pty Ltd, has noted that Fintech-related risk has increased dramatically this year and has been “aided by ‘free’ central bank money, exuberant VCs, private equity and run away share markets.” Halverson pointed out that Australian Buy Now,… Read More

Buy Now Pay Later Fintech Affirm, which Filed IPO Application, May have Significant Growth Opportunities in the US

Younger investors including Millennials and Gen Z consumers are supporting a change in the idea of paying with credit, and investors might also be able to join this emerging trend in the US markets. Fintech company Affirm Holdings Inc., which lets users split their purchases… Read More

Survey Shows Buy Now, Pay Later Services Might Lead to UK Consumers Going into Debt due to Financial Mismanagement

A new survey from Capco has revealed that consumers must receive proper information and educational materials so that they can responsibly use Buy Now, Pay Later (BNPL) platforms and services. According to the study, BNPL services must also be regulated properly. Capco’s research found that… Read More

Chase Bank Enters Buy Now, Pay Later Market with Flexible Payment Plan Options for Purchases Over $100

JPMorgan Chase (NYSE:JPM), the largest bank in the US and sixth-largest in the world in terms of assets, is reportedly planning to enter the rapidly evolving Buy Now, Pay Later (BNPL) market. Chase revealed that it will be offering its credit card customers the option… Read More

Singapore’s Buy Now Pay Later Firm hoolah to Expand Operations into Asian Markets

Singapore based payments startup hoolah notes that many small businesses continue to struggle with maintaining operations following the COVID-19 outbreak. However, the hoolah team says that it’s trying to show business owners that not all is “doom and gloom.” hoolah, a two-year-old Fintech startup offering… Read More

Alliance Data Agrees to Acquire Buy Now Pay Later Firm Bread in a $450 Million Stock and Cash Deal

Alliance Data (NYSE: ADS), an established payments, marketing, and loyalty company, has reportedly agreed to a $450 million stock and cash acquisition of Bread, a popular Buy Now, Pay Later (BNPL) firm. According to a release, the transaction is valued at around $450 million, of… Read More

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

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

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

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

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

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

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

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

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

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

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

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

Send this to a friend