Tagged: buy now pay later

March 2, 2025 @ 6:25 pm By Omar Faridi  |  

Buy Now Pay Later (BNPL) services saw continued growth in the number of consumers using them, with the highest usage among consumers from Generations Y and Z. This, according to a report from JDPower. According to the J.D. Power 2025 U.S. Buy Now Pay Later… Read More

February 9, 2025 @ 3:13 pm By Omar Faridi  |  

FICO (NYSE: FICO), global analytics software provider, released key guidance and takeaways from a study that has recently analyzed the impact of including ‘Buy Now, Pay Later’ (BNPL) loans in a consumer’s FICO Score. FICO conducted the 12-month study in partnership with Affirm (NASDAQ: AFRM),… Read More

February 9, 2025 @ 9:00 am By Omar Faridi  |  

This past Friday, the markets experienced a decline of roughly 1%, as measured by the S&P 500. Despite the volatility, Swedish buy now, pay later (BNPL) Fintech Klarna is reportedly preparing for its initial public offering (IPO) on the U.S. markets. According to a report… Read More

December 19, 2024 @ 7:33 am By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that it has expanded its partnership with Adyen, the global financial technology platform for businesses. The partnership makes Affirm the Buy Now, Pay Later (BNPL) provider to support… Read More

December 16, 2024 @ 10:33 am By Omar Faridi  |  

equipifi, the Buy Now, Pay Later (BNPL) platform for financial institutions, announced its partnership with Synergent, a managed services provider and strategic host of Jack Henry Symitar core processing. As a result of this partnership, Synergent credit unions will be able to launch their own… Read More

December 15, 2024 @ 10:42 am By Omar Faridi  |  

eBay and Klarna, the AI-powered global payments network and shopping assistant, have announced the expansion of their partnership to key European markets making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay shoppers. The move gives eBay buyers more flexibility in how… Read More

November 11, 2024 @ 9:10 am By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, and John Lewis & Partners have partnered to bring Klarna to JohnLewis.com and the John Lewis app. John Lewis’ customers can now choose to check out with Klarna’s interest-free Pay in 3 product enabling shoppers… Read More

October 24, 2024 @ 8:50 am By Omar Faridi  |  

BNPL or Buy Now Pay Later is said to have saved UK consumers half a billion pounds in credit card interest over a decade, according to an update from Klarna which claims it is now marking 10 years of savings. Klarna, the AI-powered global payments… Read More

September 30, 2024 @ 8:41 am By Omar Faridi  |  

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More

September 29, 2024 @ 1:03 pm By Omar Faridi  |  

Qist Bazaar, Pakistan’s Buy Now Pay Later (BNPL) fintech startup, announced that it has secured $3.2 million in its Series A funding round. The round was led by Indus Valley Capital, with “participation from Gobi Partners, a prominent Asia-focused venture capital firm with $1.6 billion… Read More

July 20, 2024 @ 10:11 am By Omar Faridi  |  

Jifiti, a global embedded lending technology company, announced the release of its Tap Now, Pay Later technology, which enables consumers and business customers to “add their approved loan or credit funds into any digital wallet, including Apple Pay, via virtual card.” The customer can then… Read More

June 21, 2024 @ 12:26 pm By Omar Faridi  |  

Consumers are spending twice as much when they use their credit cards for interest-free installments compared to traditional Buy Now, Pay Later (BNPL) plans, according to new first-party research shared by Splitit (ASX:SPT). The report, Merchants’ Evolving Perspective On the Value of Card-Linked Pay Later… Read More

June 19, 2024 @ 1:37 pm By Omar Faridi  |  

Some business professionals tend to have an aggressive approach to their competition. However, Affirm (NASDAQ: AFRM) CEO Max Levchin claims that he has somewhat of a more balanced approach. In statements shared with Yahoo Finance, Levchin explains: “I think one lesson I learned over the… Read More

June 10, 2024 @ 11:23 pm By Omar Faridi  |  

The Government in Australia reportedly introduced new consumer protection legislation for Buy Now Pay Later (BNPL) that will see BNPL operators “regulated as consumer credit.” Most BNPL products are “not currently covered by the National Consumer Credit Act (Credit Act) meaning these providers are not… Read More

May 18, 2024 @ 2:26 pm By Omar Faridi  |  

Michael Linford, Chief Financial Officer of Affirm (NASDAQ: AFRM) notes that new innovations often face harsh pushback from incumbents. Michael Linford from Affirm explains that when it’s “well-informed and anchored in what’s right for the consumer, this is generally a good thing.” Linford adds that… Read More

May 13, 2024 @ 12:21 pm By JD Alois  |  

Top Fintech VC firm QED Investors has participated in a funding round of Aplazo, a Mexico-based buy now pay later (BNPL) firm. According to a release, Aplazo has closed on an additional $70 million in funding inclusive of a $45 million Series B round. QED… Read More

May 5, 2024 @ 10:49 pm By Michael Wong  |  

Qatar’s innovative payment solutions provider, PayLater, has been granted access to the prestigious sandbox program of the Qatar Central Bank, heralding a significant shift in the financial landscape for consumers in Qatar. This development marks a major milestone for the company, signaling increased financial flexibility… Read More

March 3, 2024 @ 6:13 pm By Omar Faridi  |  

Although the rapid rise of Buy Now Pay Later (BNPL) services has been accompanied by a growing chorus of concern about runaway consumer debt, the customers who are using these services are growing “increasingly satisfied with their experiences.” According to the J.D. Power 2024 U.S…. Read More

February 28, 2024 @ 4:32 pm By JD Alois  |  

Apple (NASDAQ:AAPL) released a buy now pay later (BNPL) product a year ago. Expectations are for a more extended credit option to appear soon as Apple continues its ongoing expansion into financial services. Today, Experian has shared that Apple BNPL users will now have their… Read More

February 25, 2024 @ 5:53 pm By Omar Faridi  |  

Zilch, the ad-subsidized payments network (ASPN), today announces the launch of a new credit payment product, allowing its customers to spread interest-free repayments for larger purchases over three months. The new ‘Pay over 3 months’ product will aim to “provide more flexibility to customers and… Read More