Tagged: pay later

BNPL: Hokodo Finalizes $40M Series B for B2B Buy Now, Pay Later Platform

The Hokodo team is pleased to announce a Series B fundraise of $40 million that will help them to fulfil their ambition of “enabling 1 million businesses to access a better way to pay by 2025.” As businesses continue to feel the economic impact of… Read More

BNPL: ICICI Bank Teams Up with ZestMoney to Expand Cardless EMI Facility

ICICI Bank recently announced that it has teamed up with ZestMoney, a digital EMI/ pay-later platform, in order to expand its ‘Cardless EMI’ facility “for purchases at retail and e-commerce platforms.” The partnership enhances affordability for millions of customers of the Bank who can use… Read More

BNPL: Affirm to Become First Buy Now, Pay Later Partner “Fully Integrated” to Carat from Fiserv

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and “helps merchants drive growth,” and Fiserv, an international provider of payments and financial services tech solutions, announced a relationship that will “make Affirm available to Fiserv enterprise merchant clients later this year.” With this partnership,… Read More

BNPL: Buy Now Pay Later Expected to “Disrupt” Consumer Payments in Australia, Report Reveals

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

BNPL: Fintech Affirm and Poshmark Expand Partnership to Offer Payment Flexibility

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

Fintech Klarna Reveals that Most Consumers Don’t Know How Much Interest They’re Charged when Using Credit Cards

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

BNPL: Consumers More Likely to Complete Purchase if Merchant Has Buy Now, Pay Later Option, Affirm Reveals

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

BNPL: Fintech Affirm Explains How Buy Now, Pay Later Options Can Help Digital Commerce Platforms

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

Bogota’s BNPL Fintech Addi Secures $200M to Support Business Expansion Efforts

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

Veem Partner Connect Provides SMBs with Flexible, Configurable Payment Options

Online payment solutions provider Veem recently announced the rollout of Veem Partner Connect program, enabling partners with flexible and configurable integration options. As services continue to shift online, embedded financial products are expected to become the norm for SMBs as they look for simple and… Read More

Amount, Marqeta Debut BNPL Virtual Card, Loan Origination Tools

Amount, a technology provider for financial institutions, and global modern card issuing platform Marqeta  (NASD:MQ) announced today a virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space. The partnership alleviates the digital tools gap that prevents… Read More

After Revolut, UK’s Digital Bank Monzo May Be Entering Fast-Growing Buy Now Pay Later Market

UK-based digital banking platform Monzo, which is under investigation for possible money laundering activity and posted £130m in losses, is reportedly planning to enter the fast-evolving Buy Now, Pay Later (BNPL) sector. As first reported by the Evening Standard, two different sources noted that the virtual… Read More

Fintech Lender iwoca Announces that its iwocaPay Is Xero’s First Invoice Checkout Integration with Pay Later Option for SMBs

iwoca, an established European small business lender, has announced its UK-first integration with leading SME platform Xero. Integrating iwocaPay – iwoca’s invoice checkout – into Xero’s platform, will “for the first time provide small businesses with a Pay Later option for their business customers,” according… Read More

Payment Fintech dLocal Teams Up With Lending Platform Dinie to Bring “Pay Later” Option to Brazilian SMEs

  dLocal, a U.S.-based cross-border payment platform, announced on Tuesday it has formed a new partnership with online lender Dinie to allow global merchants to offer installment payments to their customers in Brazil as a form of small business lending. According to dLocal, this collaboration… Read More

UK Fintech Zilch Secures $10 Million For Buy Now Pay Later Business

UK fintech Zilch announced on Thursday it secured $10 million through its latest funding round. Founded in 2018, Zilch offers a Buy Now Pay Later service that allows users to pay for a purchase in the course of six weeks without any fees or interest…. Read More

PayPal Launches Interest-Free Buy Now Pay Later Installment Solution

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday the launch of its new interest-free buy now pay later installment solution, Pay in 4. According to PayPal, Pay in 4 enables merchants and partners to get paid upfront while enabling customers to pay for purchases… Read More

Buy Now Pay Later Payments Platform AfterPay Announces Expansion Into Canada

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it is offering its services to consumers and merchants in the Canadian market through its new partnerships with various brands and retailers, including American Eagle, Ardene, BikeExchange, Dermalogica, FragranceX.com, Herschel Supply… Read More

Global Payments Platform Verrency Unveils Pay Later Installment Lending Solution

Global payments provider Verrency announced on Wednesday the launch of its new product feature “Pay Later.” According to Verrency, the feature enables bank customers to instantly move any regular purchase transaction to a longer-term installment payment plan. “Consumers can select to pay in multiple installments… Read More

Stripe Announces New Partnership With Payment Installment Platform QuadPay

Payments platform Stripe announced on Thursday it has formed a new partnership with payment installment platform, QuadPay, to power advanced buy-now-pay-later experiences that boost conversion and allows consumers to start shopping instantly through online and in-store. According to Stripe, QuadPay enables consumers to start shopping… Read More

Klarna Announces Acquisition of Italian “Buy Now, Pay Later” Startup Moneymour

Payment processing platform Klarna announced on Wednesday it has acquired Moneymour, a buy now, pay later payments platform based in Italy. Founded in 2017, Moneymour allows customers to buy now, pay later by splitting their purchases into monthly installments based on an instant credit assessment. “The… Read More

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