Tagged: bnpl

October 13, 2022 @ 2:53 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, is becoming more like a digital bank. Apple announced today that it will soon offer interest-bearing accounts alongside its highly popular Apple Card. The service will be available in partnership with Goldman Sachs (NYSE:GS),… Read More

October 12, 2022 @ 8:11 am By Omar Faridi  |  

MarketFinance, which claims to be one of the leading fintech credit and payments companies, has secured a £30 million credit facility from Viola, the Israeli technology investment group, in order “to expand its B2B Pay Later embedded finance offering for SMEs.” Available in Sterling, US… Read More

October 11, 2022 @ 6:00 am By JD Alois  |  

Upgrade, a Fintech that provides loans as well as cards – promoting “responsible credit,” has announced that its Upgrade Card has been recognized as the fastest-growing credit card in the United States. The Upgrade Card has been moving up on the list that is ranked… Read More

October 7, 2022 @ 8:11 pm By Omar Faridi  |  

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

October 5, 2022 @ 9:16 pm By Omar Faridi  |  

Storepay, which claims to be the first Buy Now, Pay Later (BNPL) financial tech service provider in Mongolia that allows customers to make payments over time without extra fees, has announced the listing of its token, SPC, on LBank. With over 400,000 registered users, two… Read More

October 3, 2022 @ 7:17 am By Omar Faridi  |  

Tabby, the Middle East’s payments and shopping app, and Paymob, the omni-channel payments facilitator in MENAP, announced their partnership “to fuel growth for retailers in Egypt by enabling businesses across Paymob’s network to benefit from Tabby’s split in four, interest and fee-free payment solution via… Read More

September 27, 2022 @ 4:27 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced the expansion of its relationship with Amazon to Canada, bringing “increased payment flexibility and transparency to customers shopping on Amazon.ca.” This payment option will be “available during checkout to all… Read More

September 25, 2022 @ 6:26 pm By JD Alois  |  

Apple’s (NASDAQ:AAPL) buy now – pay later (BNPL) product is being “mysteriously” delayed according to Bloomberg’s Mark Gurman – a long-time Apple follower who has gained a reputation for accuracy. Perhaps rising interest rates caused Apple to pause? In his weekly newsletter, Gurman predicted that… Read More

September 24, 2022 @ 4:56 pm By Omar Faridi  |  

London-based start-up Playter is taking the BNPL space “by storm,” as they announce an increase in the amount of funding SMEs can access through their growth platform, “reducing business owners’ burn rates, increasing runway, and freeing up capital.” Up until now, Playter could offer up… Read More

September 18, 2022 @ 5:00 pm By Omar Faridi  |  

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

September 13, 2022 @ 12:42 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted research on the Buy Now Pay Later (BNPL) sector that highlights the positives of the Fintech service. The survey, created in partnership with the Morning Consult, arrives on the same day that the Senate Banking Committee held a… Read More

September 13, 2022 @ 9:45 am By JD Alois  |  

Today, the Senate Committee on Banking, Housing, and Urban Affairs, will hold a hearing on New Consumer Financial Products and the Impacts to Workers – typically these products are provided by Fintechs. Last week, Committee Chairman, Senator Sherrod Brown, hosted a “listening session” regarding new… Read More

September 12, 2022 @ 11:24 am By JD Alois  |  

Earlier today, the Monetary Authority of Singapore (MAS) posted a letter addressed Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS. An MP, Derrick Goh, inquired about buy now – pay later (BNPL) activity in the country. Responding to the inquiry, the Minister shared… Read More

September 12, 2022 @ 8:34 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that Bread Financial (NYSE: BFH) will be using their services for an in-store checkout experience for shoppers using Bread PayTM, its suite of Buy Now, Pay Later (BNPL) products. Bread Financial is expected to launch the Bread PayTM One-Time Use… Read More

September 12, 2022 @ 8:25 am By JD Alois  |  

Splitit (ASX:SPT, OTCQX:SPTTY) has raised A$10.5 million according to a company release. Splitit states that the new money allows it to accelerate its product roadmap so users may embed their service directly into their technology stack while supporting a “next-generation one-click installment checkout.” The funding… Read More

August 29, 2022 @ 1:37 pm By Omar Faridi  |  

Buy Now, Pay Later (BNPL) plans have taken over as a “popular” financing option for consumers, partly due to “an increase in online shopping demands during the pandemic,” the TrueAccord team notes in a blog post. In 2021, Americans “spent more than $20 billion through… Read More

August 25, 2022 @ 9:43 pm By JD Alois  |  

Buy now – pay later (BNPL) provider Affirm (NASDAQ: AFRM) posted fiscal Q4 earnings today, ending June 30th, topping analyst expectations but falling short in guidance. Shares were up during regular hours on a strong day for the market but Affirm tanked in after-hours, losing… Read More

August 25, 2022 @ 9:21 pm By Omar Faridi  |  

valU, MENA’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced that it “acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of… Read More

August 22, 2022 @ 4:56 pm By JD Alois  |  

Tamara, a Saudi Arabia-based buy now- pay later (BNPL) provider, has raised $100 million in Series B funding, according to multiple reports. Tamara operates in Saudi as well as the UAE and Kuwait. Tamara is said to be the first BNPL to make its way… Read More

August 20, 2022 @ 3:05 pm By Omar Faridi  |  

Sezzle Inc. (ASX: SZL), a key player in the Pay in 4 industry, announced the launch of a new “direct integration” with Klaviyo. Klaviyo is a customer platform that “helps over 100,000 paying users maximize revenue, increase repeat sales, and improve retention with personalized emails… Read More