Tagged: bnpl

May 17, 2021 @ 10:47 pm By Omar Faridi  |  

Mastercard-backed Pine Labs, an Indian merchant commerce service provider, has finalized the first close of $285 million in funding at a $3 billion valuation. Pine Labs provides payment terminals, invoicing tools, and working capital to over 150,000 merchants in the Middle East and other regions… Read More

May 17, 2021 @ 7:38 am By Omar Faridi  |  

Yusef Jacobs, the 28-year-old Founder and Chief Executive at Graviti, aims to transform microfinance by allowing consumers to gain access to essential appliances. Jacobs believes that people who might not have a lot of funds will still pay for items they really need. Jacobs has… Read More

May 16, 2021 @ 11:06 pm By Samantha Hurst  |  

  American Express recently announced it is giving its U.S. consumer card members the option to Buy Now Pay Later (BNPL) for their air travel. American Express reported that members may now book flights at AmexTravel.com and pay later using Plan It at checkout “Integrating Plan It directly into the checkout experience will… Read More

May 12, 2021 @ 10:17 pm By Omar Faridi  |  

livi bank, which is notably one of Hong Kong’s eight digital banks, is now offering a Buy Now, Pay Later (BNPL) service with the introduction of livi PayLater that provides an instant installment option along with a virtual Mastercard debit card. The livi PayLater BNPL… Read More

May 10, 2021 @ 10:57 pm By Omar Faridi  |  

EML Payments Ltd (ASX: EML) (S&P/ASX 200) reports that it remains focused on its evolution as a diversified payments and digital banking enabler. EML supports Fupay’s cash flow management and Millennial credit product (based in Australia). EML has now decided to transition to the next… Read More

May 9, 2021 @ 11:17 pm By Omar Faridi  |  

Australia-based Buy Now, Pay Later (BNPL) Fintech firm Zip Co has reportedly decided to expand its global operations. Zip has received a strategic investment in TendoPay, a BNPL service provider operating in the Philippines. This latest investment marks Zip’s initial steps into Southeast Asia, which… Read More

May 7, 2021 @ 9:00 am By Omar Faridi  |  

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

May 6, 2021 @ 11:47 pm By Omar Faridi  |  

GHL Systems has teamed up with payments giant Visa (NYSE:V) in order to become the first in the ASEAN region to offer Visa Instalments for customers using the eGHL Payment Gateway platform. Visa Instalments works by turning pre-approved issuer credit lines into installment payment options… Read More

April 24, 2021 @ 9:17 pm By Omar Faridi  |  

Saudi Arabia-based Tamara, a Buy Now, Pay Later (BNPL) service provider, recently confirmed that it finalized a $110 million Series A funding round led by Checkout.com. The funds raised will be used by Tamara to scale its professional team, expand into new markets in the… Read More

April 19, 2021 @ 8:00 am By Omar Faridi  |  

The Buy Now, Pay Later or BNPL industry continues to receive substantial investments with UK-based BNPL Zilch securing $80 million in capital at a $500 million valuation. Zilch launched its services in beta mode back in 2019. The company was planning to distinguish itself from… Read More

April 18, 2021 @ 5:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ:AFRM) notes that last year’s holiday shopping season set many digital commerce records, including in its “volume of purchases” made through Buy Now, Pay Later (BNPL) services. Affirm cites Salesforce data which reveals that BNPL transactions surged 109% when compared to the… Read More

April 8, 2021 @ 7:38 am By Omar Faridi  |  

UK’s Buy Now, Pay Later (BNPL) Fintech firm Zilch is introducing a “tap and pay-over-time” solution that allows consumers to carry out in-store payments with a wave of their online or digital wallet, with the cost of their purchase spread over a manageable 6-week time… Read More

April 6, 2021 @ 11:47 pm By Omar Faridi  |  

Vietnam-based Fundiin, a Buy Now, Pay Later (BNPL) service provider, has acquired an undisclosed amount of funds as part of its latest venture round that was reportedly led by 1982 Ventures and Zone Startups Ventures. The funds acquired from Fundiin‘s investment round will be used… Read More

April 5, 2021 @ 8:30 pm By Omar Faridi  |  

BNPL Affirm (NASDAQ:AFRM) notes that US consumers happen to agree that the best or ideal surprise in life is “randomly finding money in your pocket or on the street closely followed by getting a tax refund, no matter the amount.” As mentioned in a recent… Read More

April 2, 2021 @ 8:09 pm By Omar Faridi  |  

Pine Labs, an Asian merchant commerce solution provider that’s backed by payments giant Mastercard, has introduced a Buy Now, Pay Later (BNPL) solution in Malaysia. Pine Labs aims to offer a technology-focused offline payments platform where several different credit card issuers can use a common… Read More

April 1, 2021 @ 7:20 pm By JD Alois  |  

Popular vacation rental platform Vrbo and BNPL Affirm (NASDAQ:AFRM) have announced a collaboration so that travelers can book now and pay later for vacation homes. By incorporating Affirm, travelers may save money by not having to utilize expensive credit cards. To promote the new service… Read More

April 1, 2021 @ 10:34 am By Samantha Hurst  |  

  Paidy, a Japan-based buy now pay later brand, announced on Wednesday it raised $120 million through its Series D funding round, which included participation from JS Capital Management LLC, Soros Capital Management LLC,  Tybourne Capital Management Ltd, and Wellington Management. Paidy reported that since late… Read More

March 28, 2021 @ 4:15 pm By Omar Faridi  |  

Buy Now, Pay Later or BNPL Fintech Affirm (NASDAQ:AFRM), which is now a “remote-first” company with most of its roles being carried out anywhere in the U.S. and Canada (with the exception of Quebec), has teamed up with Clearbanc in order to help clients power… Read More

March 28, 2021 @ 2:03 pm By Omar Faridi  |  

Alchemy, a back-end Fintech that provides SaaS banking services, recently welcomed David Ortiz to their team. Alchemy confirmed in an update on March 26, 2021 that they’re planning to continue to expand their business operations in Latin America (LatAm). As noted in the release, Alchemy… Read More

March 22, 2021 @ 2:15 pm By Samantha Hurst  |  

Zaver, a Sweden-based fintech that allows merchants to accept careless payments and offers buy now, pay later (BNPL), has reportedly secured $5 million through its new funding round, which involved participation from  Inbox Capital, Inventure, Fredrik Österberg, Magnus Rausing, Joen Bonnier, Fabian Hielte, and Max… Read More