Tagged: flexible payments

April 13, 2022 @ 10:11 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Poshmark, a social marketplace for new and secondhand style, announced a 2-year extension and expansion of their partnership “to deliver increased payment flexibility to shoppers.” Poshmark was one of the… Read More

April 5, 2022 @ 11:38 pm By Omar Faridi  |  

As adoption and usage of BNPL grows as the alternative payment method of choice for younger consumers, Codebase Technologies has responded by creating an innovative BNPL solution to assist banking institutions with addressing the threat of rising BNPL brands. Leveraging Codebase Technologies’ virtual banking platform,… Read More

March 31, 2022 @ 8:43 am By Omar Faridi  |  

Danish Fintech firm Anyday has secured €4 million in capital via a seed round in order to bring its split payments (Buy Now, Pay Later) BNPL-style service to Scandinavia. Anyday’s split payment concept allows consumers to divide the cost of a purchase into four manageable… Read More

March 12, 2022 @ 2:45 pm By Omar Faridi  |  

Dutch Buy Now, Pay Later (BNPL) Fintech in3 has secured $11.1 million in capital and entered a deal with payments company Worldline in order to bring its products and services to more merchants. In3 was launched back in 2018 by a professional team that had… Read More

March 9, 2022 @ 3:19 pm By Omar Faridi  |  

Dollar General (NYSE: DG) announced a series of financial services aimed at improving access to banking options and offering additional customer payment alternatives. New services reportedly include the introduction of Dollar General’s exclusive spendwell banking platform, a Buy Now, Pay Later test program with Sezzle… Read More

March 1, 2022 @ 8:43 am By Omar Faridi  |  

Zip Co Limited (ASX: Z1P) and Sezzle Inc. (ASX:SZL) are pleased to confirm that they have entered into a definitive agreement under which Zip has agreed “to acquire Sezzle in an all-scrip transaction by way of a statutory merger under the laws of the State… Read More

February 13, 2022 @ 12:40 pm By Omar Faridi  |  

Klarna, an international retail bank, payments and shopping platform, recently noted that six out of ten or 60% of credit card users don’t know how much interest they are actually being charged. This, according to the latest YouGov research that was commissioned by Fintech firm… Read More

February 7, 2022 @ 8:40 am By Omar Faridi  |  

If you’re like many other digital commerce merchants, the best part of the shopping experience takes place when a client clicks that “buy” button and becomes a (hopefully) loyal customer. One way to boost these website conversions for your business is to give clients the… Read More

January 31, 2022 @ 10:49 pm By Omar Faridi  |  

Plentina, a Buy Now Pay Later (BNPL) Fintech focused on serving emerging markets, has teamed up with Southeast Asia’s digital retailer ZALORA in order to provide its short-term financing option. Residents of the Philippines may download the Plentina app to access loans valued at up… Read More

January 31, 2022 @ 3:12 pm By Omar Faridi  |  

Embedded finance experiences platform Railsbank has driven a stake into the Buy Now Pay Later (BNPL) market by “giving retailers a greater share of the spoils.” Current BNPL providers brand their own offerings which “take the customer away from the original retailer’s website and onto… Read More

January 26, 2022 @ 8:30 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, is introducing a  physical card in the United Kingdom, allowing consumers the chance to take advantage of Buy Now, Pay Later or BNPL options at traditional bricks and mortar store locations. Currently available in either black… Read More

January 14, 2022 @ 12:52 pm By Omar Faridi  |  

The team at Fintech company Affirm (NASDAQ: AFRM) notes that two years of living with a global pandemic have “reshaped expectations for consumers and retailers in 2022.” Affirm writes in a blog post that shoppers plan to “travel and buy new clothes, and many retailers… Read More

January 6, 2022 @ 10:03 pm By Omar Faridi  |  

Providing a Buy Now, Pay Later (BNPL) option to your clients may help with boosting conversion 20-30% and average cart sizes 30-50%, according to an RBC Capital report. As mentioned in a blog post by Affirm (NASDAQ: AFRM), these benefits could make a significant difference… Read More

December 28, 2021 @ 10:37 am By Omar Faridi  |  

Addi, a startup that has experienced steady growth by providing clients in Latin America the chance to use Buy Now, Pay Later (BNPL) services, recently secured $200 million of debt and equity in order to support an expansion in the region. The Bogota-headquartered Fintech confirmed… Read More

December 22, 2021 @ 9:02 am By Omar Faridi  |  

Providing a smarter way to perform monetary transactions, PollenPay, a UK-headquartered Buy Now Pay Later (BNPL) firm is pleased to confirm its launch plans. Led by company founder and CEO, Leon Wilson, the team at PollenPay plans to ease pressure on purchases, while at the… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 9, 2021 @ 7:48 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, has announced the launch of the Klarna browser extension, which had been in “beta testing with over 100,000 consumers.” The extension enables consumers to “shop with Klarna’s flexible payment options on their desktop at every online… Read More

December 7, 2021 @ 8:27 am By Omar Faridi  |  

UK-headquartered Buy Now, Pay Later (BNPL) Fintech Butter is planning to compete with and potentially replace traditional credit cards with the introduction of its own BNPL card. Although 65% of UK consumers carry credit cards, the number being issued has declined by around 3% during… Read More

November 29, 2021 @ 10:32 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) notes that with supply chain blockages leading to new challenges every day, you might be facing difficult decisions regarding increasing prices while preserving margins. Although significantly higher prices might discourage customers just as the holiday shopping season arrives, you could soften the overall… Read More

November 28, 2021 @ 11:53 pm By Omar Faridi  |  

Sweden’s Fintech Unicorn Klarna has seen its losses increase significantly during the first 9 months of this year, as costs surged considerably amid growing demand for flexible payment options like Buy Now, Pay Later (BNPL) services. The Stockholm-headquartered company is reporting a pre-tax loss of… Read More