Tagged: bnpl

UK’s Buy Now, Pay Later Fintech Zilch Secures $80M in Capital with a $500M Valuation

The Buy Now, Pay Later or BNPL industry continues to receive substantial investments with UK-based BNPL Zilch securing $80 million in capital at a $500 million valuation. Zilch launched its services in beta mode back in 2019. The company was planning to distinguish itself from… Read More

BNPL Fintech Affirm Reveals that Buy Now, Pay Later Accounted for Record $24B in US Consumer Spending Last Year

BNPL Fintech Affirm (NASDAQ:AFRM) notes that last year’s holiday shopping season set many digital commerce records, including in its “volume of purchases” made through Buy Now, Pay Later (BNPL) services. Affirm cites Salesforce data which reveals that BNPL transactions surged 109% when compared to the… Read More

UK Buy Now Pay Later Fintech Zilch Introduces “Tap and Pay-Over-Time” Solution for In-Store Payments via Digital Wallets

UK’s Buy Now, Pay Later (BNPL) Fintech firm Zilch is introducing a “tap and pay-over-time” solution that allows consumers to carry out in-store payments with a wave of their online or digital wallet, with the cost of their purchase spread over a manageable 6-week time… Read More

Vietnam based BNPL Fintech Fundiin Secures Strategic Investment to Further Expand Business Operations

Vietnam-based Fundiin, a Buy Now, Pay Later (BNPL) service provider, has acquired an undisclosed amount of funds as part of its latest venture round that was reportedly led by 1982 Ventures and Zone Startups Ventures. The funds acquired from Fundiin‘s investment round will be used… Read More

BNPL Fintech Affirm Reveals that Almost 60% of Survey Respondents are Interested in Using Pay Over Time Services

BNPL Affirm (NASDAQ:AFRM) notes that US consumers happen to agree that the best or ideal surprise in life is “randomly finding money in your pocket or on the street closely followed by getting a tax refund, no matter the amount.” As mentioned in a recent… Read More

Pine Labs Reports that CIMB Bank, HSBC Bank, Others are Using its Buy Now Pay Later Solution, Now Also Available in Malaysia

Pine Labs, an Asian merchant commerce solution provider that’s backed by payments giant Mastercard, has introduced a Buy Now, Pay Later (BNPL) solution in Malaysia. Pine Labs aims to offer a technology-focused offline payments platform where several different credit card issuers can use a common… Read More

VRBO Incorporates Affirm as Credit Card Alternative

Popular vacation rental platform Vrbo and BNPL Affirm (NASDAQ:AFRM) have announced a collaboration so that travelers can book now and pay later for vacation homes. By incorporating Affirm, travelers may save money by not having to utilize expensive credit cards. To promote the new service… Read More

Japanese Buy Now Pay Later Brand Paidy Raises $120 Million Through Series D Funding Round

  Paidy, a Japan-based buy now pay later brand, announced on Wednesday it raised $120 million through its Series D funding round, which included participation from JS Capital Management LLC, Soros Capital Management LLC,  Tybourne Capital Management Ltd, and Wellington Management. Paidy reported that since late… Read More

BNPL Fintech Affirm Partners Digital Commerce Investor Clearbanc to Provide Financial Tools for Businesses

Buy Now, Pay Later or BNPL Fintech Affirm (NASDAQ:AFRM), which is now a “remote-first” company with most of its roles being carried out anywhere in the U.S. and Canada (with the exception of Quebec), has teamed up with Clearbanc in order to help clients power… Read More

Fintech Alchemy Hires Full Stack Developer David Ortiz from Argentina, Company to Continue Expanding into LatAm

Alchemy, a back-end Fintech that provides SaaS banking services, recently welcomed David Ortiz to their team. Alchemy confirmed in an update on March 26, 2021 that they’re planning to continue to expand their business operations in Latin America (LatAm). As noted in the release, Alchemy… Read More

Swedish Fintech Zaver Secures $5 Million Through Latest Funding Round

Zaver, a Sweden-based fintech that allows merchants to accept careless payments and offers buy now, pay later (BNPL), has reportedly secured $5 million through its new funding round, which involved participation from  Inbox Capital, Inventure, Fredrik Österberg, Magnus Rausing, Joen Bonnier, Fabian Hielte, and Max… Read More

Buy Now Pay Later or BNPL Services like Affirm are Helping Businesses Gain Incremental New Customers, Product Specialists Reveal

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, recently looked into why its services may be essential to your customer acquisition strategy. Tom Musbach from Affirm notes that new customers are the “growth engine” of almost every… Read More

SaaS Fintech Alchemy Expands into Latin America in Partnership with Círculo de Crédito

Alchemy, a back-end Fintech that provides SaaS banking services, has expanded into Latin America in a new partnership with the launch of decisioning services with Mexico-based Buy Now Pay Later (BNPL) lender, Círculo de Crédito, according to a note from the company. Alchemy says that… Read More

Buy Now Pay Later or BNPL Adoption on Track to Reach $7.3B in 2027 with APAC being the Fastest-Growing Region: Report

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

Fintech Affirm Reveals that 43% of New Users Prefer the Firm’s Pay Over Time Services as it Helps them Stay Within Budget: Survey

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, notes that its research team frequently looks at why shoppers pay over a period time with Affirm. Recently, their surveys revealed important reasons that should be of interest to… Read More

India’s Consumer Lending Fintech MoneyTap to Enter Booming Buy Now Pay Later or BNPL Market

India-based consumer lending firm MoneyTap has reportedly decided to expand its business operations to include Buy Now, Pay Later (BNPL) services. MoneyTap said its new BNPL solutions will aim to provide more accessible, affordable, and 0% (equated monthly installments) EMI options to Indian consumers. MoneyTap… Read More

PayPal Says it Won’t be Purchasing Bitcoin or Other Cryptos but Will Capitalize on the Growth Opportunity Presented by Digital Assets

PayPal Holdings Inc (NASDAQ:PYPL) has reportedly stated that they won’t be purchasing cryptocurrencies like Bitcoin (BTC), the payments giant’s CFO John Rainey told CNBC on Thursday (February 11, 2021). Rainey clarified that PayPal would not be investing corporate cash (probably) “in sort of financial assets… Read More

Payments Platform Adyen Reveals that Buy Now Pay Later or BNPL Is Fastest-Growing Payment Alternative in N. America

Payments platform Adyen (AMS:ADYEN) reveals that Buy Now, Pay Later (BNPL) is the fastest-growing payment alternative in North America. BNPL services are everywhere now, and allow consumers to acquire big ticket items and have made “spontaneous splurges within easy reach.” These digital financial “tools” allow… Read More

BNPL Fintech Limepay Goes on Hiring Spree After Securing $21M in Capital with 7 Senior Appointments

Limepay, a Buy Now Pay Later (BNPL) provider, says it has gone on a “hiring spree” after securing $21 million in capital, with 7 senior hires according to a release shared with CI. Limepay claims that it’s Australia’s “only” enterprise payments and white-label BNPL and… Read More

Open Banking Services being Used by Over 2.5 Million UK Consumers and Businesses to Complete Payments: Report

Banking Circle, a financial infrastructure developer, notes that only a month into the new year, and partnerships are already beginning to emerge as “a strong theme underpinning the future of the industry.” Banking Circle also confirmed that they’ve teamed up with global provider of local… Read More

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