Tagged: bnpl

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

French Buy Now Pay Later or BNPL Fintech Alma Secures €49M in Capital via Series B Round

France-based Buy Now, Pay Later (BNPL) platform Alma has secured €49 million in capital through a Series B funding round. Alma’s management stated that they intend to use the funds raised to support their extensive business expansion plans in 2021. Alma, the French BNPL platform… Read More

Buy Now Pay Later or BNPL Fintech Split Handled Over $2.4 Million in Transactions for Malaysian Businesses

Malaysia-based Split, a Buy Now, Pay Later (BNPL) platform, recently revealed that it had handled RM 10 million (appr. $2.47 million) in total transactions for local businesses within months. Split allows merchants to provide up to 3 interest-free installments to their clients, who are able… Read More

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

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