Tagged: installment plans

Southeast Asia Super App GrabPay Extends Partnership with Fintech Adyen to Enable Flexible Payment Options

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

Pay Over Time Service Provider Affirm Reveals when Consumers May Prefer to Use BNPL Options

“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

India’s Digital Payments Fintech Paytm Introduces Small Ticket, Instant Loans to Help Consumers Manage Expenses

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

BNPL Fintech Affirm Reveals Consumer Behavior, Shopping Trends, and Preferences for Pay Over Time Options

Many shoppers prefer using Buy Now, Pay Later (BNPL) services because of the flexibility they offer. Consumers are able to pay for items over an extended period of time, with or without having to pay interest. However, a common BNPL format has started gaining a… Read More

India’s Consumer Lending Fintech ZestMoney Expects Steady Revenue Growth, as BNPL Market Expands

India has a GDP of about $3 trillion which is relatively small when compared to the size of its population (estimated to be around 1.5 billion). There are also many unbanked and financially underserved consumers and businesses across the country. India also does not have… Read More

Australia Stock Exchange listed BNPL Fintech Zip to Acquire Twisto, UAE’s Spotii

Australian Stock Exchange (ASX)-listed Buy Now, Pay Later Fintech Zip is reportedly expanding its business operations into European markets and the Middle East. Zip says it’s acquiring European BNPL Fintech Twisto and UAE’s Spotii as well. Zip reportedly took part in a €16 million investment… Read More

ACH Payments and Risk Management Fintech Certegy Is Offering White Label BNPL Product

Certegy, an established ACH payments and risk management firm, reveals that it has expanded its Buy Now, Pay Later solution with the introduction of a white label BNPL product. Certegy customers are able to access new APIs and developer tools in order to launch their… Read More

New Zealand’s BNPL Fintech Laybuy to Further Expand UK Operations After Securing A$35M

New Zealand’s Buy Now, Pay Later (BNPL) Fintech Laybuy has acquired A$35m in capital in order to expand business operations into the UK markets. Laybuy‘s latest investment round has come as part of a private placement and will be used to make additional investments into… Read More

Buy Now Pay Later Services Pose Serious Risks to Consumers, May have Unclear Terms and Conditions: Report

Buy Now, Pay Later (BNPL) services are becoming increasingly popular across the globe. The BNPL market is valued at around £2.7 billion in the United Kingdom. Although postponing payments might appear to be useful for security and in many instances provides other benefits depending on… Read More

Asian Merchant Commerce Platform Pine Labs Acquires Additional Funding, Now Valued at $3B

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

BNPL Fintech Graviti Founder Explains how his Firm Helps Unbanked Mexico Residents Make Flexible Payments on Basic Appliances

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

Saudi Arabia based BNPL Fintech Finalizes $110M Series A Mega-Round led by Checkout.com

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

UK’s Buy Now, Pay Later Fintech Zilch Secures $80M in Capital with a $500M Valuation

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

BNPL Fintech Affirm Reveals that Buy Now, Pay Later Accounted for Record $24B in US Consumer Spending Last Year

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

BNPL Fintech Affirm Reveals that Almost 60% of Survey Respondents are Interested in Using Pay Over Time Services

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

Pine Labs Reports that CIMB Bank, HSBC Bank, Others are Using its Buy Now Pay Later Solution, Now Also Available in Malaysia

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

BNPL Fintech Affirm Partners Digital Commerce Investor Clearbanc to Provide Financial Tools for Businesses

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

Buy Now Pay Later or BNPL Services like Affirm are Helping Businesses Gain Incremental New Customers, Product Specialists Reveal

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, recently looked into why its services may be essential to your customer acquisition strategy. Tom Musbach from Affirm notes that new customers are the “growth engine” of almost every… Read More

Buy Now Pay Later or BNPL Adoption on Track to Reach $7.3B in 2027 with APAC being the Fastest-Growing Region: Report

Buy Now, Pay Later or BNPL adoption is on track to grow significantly in the next few years with the Asia-Pacific region being one of the main drivers. A study performed by Coherent Market Insights reveals that the international BNPL market had been valued at… Read More

Fintech Affirm Reveals that 43% of New Users Prefer the Firm’s Pay Over Time Services as it Helps them Stay Within Budget: Survey

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, notes that its research team frequently looks at why shoppers pay over a period time with Affirm. Recently, their surveys revealed important reasons that should be of interest to… Read More

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