Tagged: bnpl

July 13, 2021 @ 6:58 pm By Omar Faridi  |  

Gary Rohloff, Co-Founder and Managing Director at New Zealand’s Laybuy, a Buy Now, Pay Later or BNPL Fintech, notes that last week, they released their FY21 annual report – which is the first since listing on the Australia Stock Exchange (ASX) in 2020. Gary writes… Read More

July 13, 2021 @ 3:29 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the world’s most valuable public company, is diving deeper into the Fintech space according to a report. Apple is expected to offer a Buy Now, Pay Later (BNPL) service similar to other Fintechs like Affirm. BNPLs have emerged as a hot sector of… Read More

July 13, 2021 @ 12:31 am By Omar Faridi  |  

India’s digital payments giant Paytm recently introduced Paytm Postpaid Mini, which allows users to acquire small ticket instant loans to help them with managing their monthly or everyday expenses The Paytm team notes in a blog post that their goal is to bring clients the… Read More

July 11, 2021 @ 8:57 pm By Omar Faridi  |  

With changing consumer habits for digital purchasing and a significant increase in customer demand for Buy Now Pay Later (BNPL) payment services in the Australian market, Fintech firm Zip has decided to join forces with Microsoft (NASDAQ: MSFT). Zip says the new partnership is designed… Read More

July 7, 2021 @ 9:33 am By JD Alois  |  

Splitit (ASX:SPT), has announced a buy now, pay later (BNPL) service that is available at retail locations around the world. “Splitit InStore” also features Apple Pay as well as Google Pay to facilitate credit. Splitit also announced several new brands that have signed on to… Read More

July 7, 2021 @ 1:20 am By Omar Faridi  |  

Cirralto Limited (ASX: CRO) has committed to a binding share sale agreement in order to acquire Sydney-headquartered Fintech firm, Invigo Pty Ltd. with a completion date of July 12, 2021. The deal is currently subject to the fulfillment of conditions precedent under the SSA. The… Read More

July 5, 2021 @ 11:46 am By JD Alois  |  

Klarna, a top European Fintech, is under investigation by the Swedish regulator Finansinspektionen for a possible security breach and transgression of the bank secrecy act. In a statement by Finansinspektionen, the financial regulator referenced an “IT incident” that took place in May 2021 where customers… Read More

July 5, 2021 @ 8:45 am By Omar Faridi  |  

Fellow Finance Plc, a loan-based crowdfunding and peer-to-peer lending platform offering services in Finland and 70 other countries, reports that in June 2021, its loan investors funded business and consumer loans “worth €18M.” Fellow Finance, which aims to transform the traditional financing and payments to… Read More

July 3, 2021 @ 2:26 pm By Omar Faridi  |  

Certegy, an established ACH payments and risk management firm, revealed on Wednesday (June 30, 2021) that it has launched a new Virtual Terminal platform, enabling in-store and mobile merchants to handle paper checks and ACH transactions. As noted by Certegy’s management: “We are a leading… Read More

June 29, 2021 @ 9:28 pm By Omar Faridi  |  

Southeast Asia-based Fave, a fast-growing Fintech firm, has introduced its Buy Now, Pay Later (BNPL) service for Singapore and Malaysian markets, offering more than 6 million Fave users with instant access to interest-free credit options. These flexible payment options are available at more than 40,000… Read More

June 29, 2021 @ 5:23 pm By Tony Zerucha  |  

African Fintech platform Carbon today announced a five-year partnership with Visa which will see physical and digital credit cards offered to its customers. Visa will provide funding across the term for implementation and marketing support. In 2020 Carbon pivoted from digital lending to digital banking… Read More

June 29, 2021 @ 8:23 am By Omar Faridi  |  

Fintech firm Klarna has chosen embedded business finance platform Liberis in order to help it with providing its digital commerce customers with revenue-based financing options. The deal between Liberis and Klarna will see the BNPL Fintech company’s 250,000+ merchant partners in 17 different countries provided… Read More

June 23, 2021 @ 10:47 pm By Omar Faridi  |  

A Mubadala-backed Fintech firm in Dubai has acquired a substantial amount of debt financing. This new round of funding for tabby reveals that Buy Now, Pay Later or BNPL companies are attracting a lot of business as the Fintech sector evolves rapidly with a rise… Read More

June 22, 2021 @ 1:35 pm By Tony Zerucha  |  

Buy now pay later (BNPL) startup Klarna’s second raise of 2021 has it valued at close to 50 percent above its post-raise valuation in March. It now sits at $45.6 billion. The latest raise brought in another $639 million and was led by SoftBank’s Vision… Read More

June 16, 2021 @ 1:02 am By Omar Faridi  |  

New Zealand based Buy Now, Pay Later Fintech firm Laybuy is introducing its all-digital BNPL card in the United Kingdom, allowing clients to carry out in-store purchases with just a tap of their smartphones. Clients will be able to load the payment card into their… Read More

June 14, 2021 @ 7:55 am By Omar Faridi  |  

Trust Payments, the multinational unified payments group, has teamed up with Zip, the first Buy Now, Pay Later (BNPL) service to join its diverse network of payment partners. The agreement means that merchants based in the UK that are using Trust Payments’ platform may provide… Read More

June 10, 2021 @ 5:18 pm By JD Alois  |  

Affirm (NASDAQ:AFRM) has expanded its relationship with Shopify by making “Shop Pay Installments eligible to all US merchants and powered by Affirm’s credit platform. In a blog post, Affirm founder and CEO Max Levchin said they were thrilled to support these unique merchants: “One in… Read More

June 8, 2021 @ 5:09 pm By Tony Zerucha  |  

Buy now, pay later (BNPL) spending is set to nearly triple between 2018 and 2025, data from BNPL app Definanzas.com suggests, with much of that due to pandemic-driven spending pattern changes. Definanzas.com has seen its number of monthly active users grow by 186 percent year-over-year… Read More

June 2, 2021 @ 2:07 am By Omar Faridi  |  

Many shoppers prefer using Buy Now, Pay Later (BNPL) services because of the flexibility they offer. Consumers are able to pay for items over an extended period of time, with or without having to pay interest. However, a common BNPL format has started gaining a… Read More

May 30, 2021 @ 6:33 pm By Omar Faridi  |  

India has a GDP of about $3 trillion which is relatively small when compared to the size of its population (estimated to be around 1.5 billion). There are also many unbanked and financially underserved consumers and businesses across the country. India also does not have… Read More