Tagged: bnpl

August 1, 2021 @ 5:36 pm By Omar Faridi  |  

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or qualified transactions of HKD 400 or more into more manageable, equal monthly… Read More

July 28, 2021 @ 10:33 am By JD Alois  |  

Buy Now, Pay Later (BNPL) Fintech Behalf, has raised $19 million in new venture financing alongside a debt facility that is said to bring the total to $100+ million. Existing investors led the funding including MissionOG, Viola Growth, Viola Credit and Vintage Investment Partners. New… Read More

July 26, 2021 @ 9:21 am By JD Alois  |  

The Coalition for a Digital Economy (Coadec), an organization created to promote the UK as the top European startup ecosystem, has published a paper on the fast-growing Buy Now, Pay Later (BNPL) sector of Fintech. Entitled Regulate Credit Now, Reform it Later, Coadec says the credit… Read More

July 23, 2021 @ 9:20 am By JD Alois  |  

Zilch, a buy now, pay later (BNPL) platform has raised an additional $110 million in both debt and equity capital as part of an extended Series B funding round. In total, the London-based Fintech has raised $200 million making it one of the largest European… Read More

July 21, 2021 @ 10:21 pm By Omar Faridi  |  

Southeast Asia’s Grab, the developer of a Super App, has decided to extend its partnership with Adyen (AMS: ADYEN), a leading payments platform, in order to enable merchants in Singapore and Malaysia to provide BNPL payment options. Available via the GrabPay wallet, merchants can offer… Read More

July 21, 2021 @ 9:27 pm By Omar Faridi  |  

Australia-based Buy Now, Pay Later (BNPL) Fintech Afterpay (ASX:APT) says it will be diversifying its business operations with the introduction of a “money and lifestyle” app. The Money app has been developed following Afterpay‘s partnership with Westpac. Through their collaboration, Afterpay is able to operate… Read More

July 19, 2021 @ 11:21 pm By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” noted that halfway through 2021, digital commerce and consumer spending continue to witness the impact of government stimulus payments “while consumers look for new ways to invest and leverage their… Read More

July 13, 2021 @ 10:26 pm By Tony Zerucha  |  

The COVID-19 pandemic helped drive further growth in India’s e-commerce sector, new research from GlobalData shows. According to the firm’s E-Commerce Analytics, e-commerce payments in the country grew by 12.2 percent in 2020 and should reach $61.5 billion this year. Between now and 2025 sales… Read More

July 13, 2021 @ 7:14 pm By Omar Faridi  |  

“Have it your way” was the slogan that fast food joint Burger King adopted back in 1974 as a way to try to stand out or differentiate themselves from competitors while capitalizing on the “appeal of personalization,” the Affirm team writes in a blog post…. Read More

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