Tagged: buy now pay later

November 15, 2022 @ 10:50 pm By Omar Faridi  |  

NAB Now Pay Later is now live and “available for the 52,000 customers who pre-registered.” In a move to give Australians more control of their money, customers can now “apply for and use the bank’s new instalment payments product in their NAB app.” Customers can… Read More

November 2, 2022 @ 10:37 am By Omar Faridi  |  

Global fintech platform Airwallex announced a Buy Now Pay Later (BNPL) functionality in partnership with Atome, Asia’s lBNPL brand. Announced recently, the collaboration will “enable Airwallex merchants to offer BNPL as a payment option to shoppers across Hong Kong, Indonesia, Malaysia and Singapore.” The partnership… Read More

October 26, 2022 @ 3:55 pm By Omar Faridi  |  

BNPL firm Zip Co (ASX: ZIP) announced the availability of Zip Card, issued by WebBank, the newest buy now, pay later product “offered through its portfolio.” As consumers look for BNPL options in brick-and-mortar retail, the Zip Card “extends the ‘Pay-in-4*’ functionality offline in a… Read More

October 24, 2022 @ 10:45 pm By Omar Faridi  |  

BNPL Fintech firm Fundiin has secured $5 million in capital via a Series A round that was recently co-led by Trihill Capital and ThinkZone Ventures. The funds from the investment round should assist Fundiin with expanding at a quicker pace and enter Indonesian markets in… Read More

October 17, 2022 @ 9:35 am By Omar Faridi  |  

Compass, the Mediobanca Group’s consumer credit arm, has reportedly “completed two deals in the Buy Now Pay Later (BNPL) segment.” The rationale for the deals is “to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with… Read More

October 7, 2022 @ 8:11 pm By Omar Faridi  |  

Afterpay (ASX:APT), which claims to be a leader in “Buy Now, Pay Later” (BNPL) payments, introduced a new payment solution that gives consumers even more choice, flexibility and time “to pay, with transparent terms to support responsible spending – just in time for the busy… Read More

October 5, 2022 @ 9:16 pm By Omar Faridi  |  

Storepay, which claims to be the first Buy Now, Pay Later (BNPL) financial tech service provider in Mongolia that allows customers to make payments over time without extra fees, has announced the listing of its token, SPC, on LBank. With over 400,000 registered users, two… Read More

September 27, 2022 @ 4:27 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced the expansion of its relationship with Amazon to Canada, bringing “increased payment flexibility and transparency to customers shopping on Amazon.ca.” This payment option will be “available during checkout to all… Read More

September 25, 2022 @ 6:26 pm By JD Alois  |  

Apple’s (NASDAQ:AAPL) buy now – pay later (BNPL) product is being “mysteriously” delayed according to Bloomberg’s Mark Gurman – a long-time Apple follower who has gained a reputation for accuracy. Perhaps rising interest rates caused Apple to pause? In his weekly newsletter, Gurman predicted that… Read More

September 18, 2022 @ 5:00 pm By Omar Faridi  |  

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

September 12, 2022 @ 11:24 am By JD Alois  |  

Earlier today, the Monetary Authority of Singapore (MAS) posted a letter addressed Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS. An MP, Derrick Goh, inquired about buy now – pay later (BNPL) activity in the country. Responding to the inquiry, the Minister shared… Read More

September 12, 2022 @ 8:25 am By JD Alois  |  

Splitit (ASX:SPT, OTCQX:SPTTY) has raised A$10.5 million according to a company release. Splitit states that the new money allows it to accelerate its product roadmap so users may embed their service directly into their technology stack while supporting a “next-generation one-click installment checkout.” The funding… Read More

August 29, 2022 @ 1:37 pm By Omar Faridi  |  

Buy Now, Pay Later (BNPL) plans have taken over as a “popular” financing option for consumers, partly due to “an increase in online shopping demands during the pandemic,” the TrueAccord team notes in a blog post. In 2021, Americans “spent more than $20 billion through… Read More

August 25, 2022 @ 9:43 pm By JD Alois  |  

Buy now – pay later (BNPL) provider Affirm (NASDAQ: AFRM) posted fiscal Q4 earnings today, ending June 30th, topping analyst expectations but falling short in guidance. Shares were up during regular hours on a strong day for the market but Affirm tanked in after-hours, losing… Read More

August 25, 2022 @ 9:21 pm By Omar Faridi  |  

valU, MENA’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced that it “acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of… Read More

August 19, 2022 @ 9:02 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a warning to Buy Now – Pay Later (BNPL) providers pertaining to misleading advertisements. A copy of the “Dear CEO” letter sent to BNPLs is viewable here. BNPL platforms offer point of sale credit to consumers which… Read More

August 15, 2022 @ 11:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ: AFRM) CEO Max Levchin recently noted that the next recession could silence Fintech lender’s doubters or critics. With shares of the Buy Now, Pay Later (BNPL) Fintech down over 75% from November 2021, Max Levchin said the company’s innovative lending models… Read More

August 8, 2022 @ 11:58 pm By Omar Faridi  |  

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

August 7, 2022 @ 8:25 pm By Omar Faridi  |  

The Consumer Credit Oversight Board Task Force in Malaysia recently shared the Consumer Credit Act consultation document, which is the new act that aims to properly regulate and consolidate all consumer credit activities under its unit, and to also support “fair” lending and “responsible” conduct… Read More

August 5, 2022 @ 11:10 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, recently announced its ability “to increase its app releases by 300%, thanks to its ongoing work with mobile devops company Bitrise.” Since 2019, Affirm has been “working with Bitrise to automate… Read More