Tagged: bnpl

May 5, 2022 @ 8:42 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and “helps merchants drive growth,” and Fiserv, an international provider of payments and financial services tech solutions, announced a relationship that will “make Affirm available to Fiserv enterprise merchant clients later this year.” With this partnership,… Read More

May 5, 2022 @ 7:53 am By Omar Faridi  |  

Scalapay, a European Buy Now – Pay Later provider, has announced a $27 million investment from Poste Italiane, which is Italy’s largest service infrastructure network and claims to be one of the largest payment card issuers in Europe, in a Series B extension. Scalapay is… Read More

May 4, 2022 @ 9:41 am By JD Alois  |  

Zilch, a UK-based buy now, pay later (BNPL) credit provider, has joined the US-based Financial Technology Association (FTA) in advance of an expansion into the US. According to a note from the FTA, the advocacy group now has 20 Fintechs as members from diverse sectors… Read More

April 29, 2022 @ 9:26 am By Omar Faridi  |  

Optty, which claims to be the first Buy Now, Pay Later integration platform, has in stealth raised more than $9 million in private funding and recently announced its solution “for retailers and payment gateway providers to revolutionize the fast-growing sector with transparency, simplicity, and speed.”… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 26, 2022 @ 12:25 am By Omar Faridi  |  

  The Experian Global Insights Report reveals that digital online spending will continue “to gain strength even as consumers emerge from lockdown and return to in-person transactions.” As noted in an update shared with CI, consumers are also “engaging with digital payments as much as… Read More

April 22, 2022 @ 2:33 pm By Omar Faridi  |  

hoolah, which claims to be Asia’s leading omnichannel ‘Buy Now Pay Later’ (BNPL) platform, recently announced its partnership with Primer, the “first” no-code automation platform for payments and commerce, “allowing merchants in Singapore, Malaysia, and Hong Kong to integrate hoolah’s BNPL solution, while providing consumers… Read More

April 19, 2022 @ 8:53 am By JD Alois  |  

BNPL has changed the way people and businesses pay. It is here to stay and transform the payments eco-system. How can your business keep risks manageable while maximising the benefits of BNPL? Next Wednesday, a panel of the Asia’s leading BFSIs, BNPL players, brick and mortar retailers and ecommerce merchants… Read More

April 13, 2022 @ 10:11 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Poshmark, a social marketplace for new and secondhand style, announced a 2-year extension and expansion of their partnership “to deliver increased payment flexibility to shoppers.” Poshmark was one of the… Read More

April 13, 2022 @ 12:57 am By Tony Zerucha  |  

Results of a survey commissioned by paytech firm Opy suggest BNPL could help lower the fears consumers have about some major medical expenses. The survey of 1,000 Americans focused on BNPL as an alternative payment method for dental care and veterinarian costs. According to the… Read More

April 5, 2022 @ 11:38 pm By Omar Faridi  |  

As adoption and usage of BNPL grows as the alternative payment method of choice for younger consumers, Codebase Technologies has responded by creating an innovative BNPL solution to assist banking institutions with addressing the threat of rising BNPL brands. Leveraging Codebase Technologies’ virtual banking platform,… Read More

April 4, 2022 @ 8:28 am By Omar Faridi  |  

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More

March 31, 2022 @ 9:47 pm By Tony Zerucha  |  

Asian BNPL platform Pace announced today that it had signed an agreement to acquire competitor Rely for an undisclosed sum. They will absorb all Rely personnel, who will work to transition Rely customers to the Pace platform. Rely was an early entrant in Singapore’s BNPL… Read More

March 31, 2022 @ 5:45 pm By Tony Zerucha  |  

Today, merchant commerce platform Pine Labs announced a $50 million investment from Vitruvian Partners, a London-headquartered international investment firm. Incorporated in Singapore, Pine Labs’ key investors include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard. Pine Labs serves large, mid-sized and small merchants across India… Read More

March 31, 2022 @ 8:43 am By Omar Faridi  |  

Danish Fintech firm Anyday has secured €4 million in capital via a seed round in order to bring its split payments (Buy Now, Pay Later) BNPL-style service to Scandinavia. Anyday’s split payment concept allows consumers to divide the cost of a purchase into four manageable… Read More

March 30, 2022 @ 8:05 am By Tony Zerucha  |  

While popular with consumers, buy now, pay later (BNPL) services also confuse them, results of a survey commissioned by BNPL firm Zilch suggest. Zilch plans on launching later this spring. BNPL has been used by 31% of consumers, but many folks do not understand how… Read More

March 26, 2022 @ 3:48 pm By JD Alois  |  

The Financial Technology Association (FTA) has submitted a comment letter in response to the Consumer Financial Protection Bureau’s (CFPB) review into Buy Now Pay Later (BNPL) platforms. The FTA represents several BNPL providers including Afterpay, Figure, Klarna, Sezzle, and Zip. Last  December several Democrat Senators… Read More

March 21, 2022 @ 11:27 am By Omar Faridi  |  

Callsign, the digital trust pioneer, recently announced the results of their first Buy Now Pay Later (BNPL) survey which polled over 2,000 U.S. adults on their experience with Buy Now Pay Later services “offered via retail sites.” Buy Now Pay Later services have “continued to… Read More

March 21, 2022 @ 11:24 am By JD Alois  |  

Recharge.com, a Netherlands-based payments Fintech, has announced the launch of its services in Australia. Recharge.com specializes in digital gift and prepaid cards for brands including Netflix, Spotify and Xbox. The company’s service is said to be rolling out amidst regulatory changes in the buy-now-pay-later (BNPL)… Read More

March 20, 2022 @ 3:38 pm By Omar Faridi  |  

London-headquartered Fintech firm Zilch reports steady growth, indicating that clients are responding to the company’s ongoing efforts to offer what CEO Philip Belamant describes as the “the democratization of free credit.” In November of last year, Zilch had been valued at around $2 billion only… Read More