Tagged: point-of-sale

New Agreement Said to Make Flexiti Top Point of Sale Lender in Canada

Flexiti, a point of sale lender, has announced that following a new agreement it is now the largest point of sale lender in Canada. Announced in a corporate release, Flexiti said that it has become the exclusive Fintech lender with the LFL Group (TSX: LNF)… Read More

Point-of-Sale Fintech SoftTouch Announces Addition of Touch-Free PayPal & Venmo Payment Acceptance Capabilities

  SoftTouch POS & Payments, a U.S.-based fintech that provides point-of-sale, payment gateway, payment processing and integration solution, announced on Monday it has enhanced its solution to include touch-free PayPal and Venmo payment acceptance capabilities. Founded in 2000, SoftTouch describes itself as a next-generation fintech company providing… Read More

Emerging Markets Could Offer Greatest Opportunities for Mobile POS Vendors with Digital Payments Rising: Report

The way in which payments are conducted has been gradually changing but the shift towards all-digital platforms has accelerated following the COVID-19 outbreak. As noted in a recent report from Juniper Research: “The number of and the success of online retailers has been growing, and… Read More

LendingUSA Appoints Michael Brown As Vice President of Credit Risk & Pricing

LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Tuesday it has appointed Michael Brown as its new Vice President of Credit Risk and Pricing. The latest appointment comes just weeks after LendingUSA appointed Adam Contino… Read More

Tech Platform CURO Completes Acquisition of Point-of-Sale Provider Flexiti

  U.S. tech platform CURO Group Holdings Corp. (NYSE: CURO) announced on Thursday it has completed the acquisition of Flexiti Financial. Inc., a Canadian point-of-sale (POS) / buy-now-pay-later (BNPL) provider. According to Curo, the transaction included cash at closing of $86 million and contingent consideration… Read More

Tech Platform CURO Set to Acquire Canadian Point-of-Sale Provider Flexiti For $121 Million

U.S. tech platform CURO Group Holdings Corp. (NYSE: CURO) announced on Monday it is set to acquire Canada-based point-of-sale financing and payment tech provider Flexiti. CURO reported that under the terms of the agreement, it will acquire Flexiti for cash at closing of $85 million. The… Read More

Synchrony Announces Acquisition of Point-of-Sale Consumer Financing Provider Allegro Credit

  Synchrony  (NYSE: SYF) announced earlier this week it has reached a definitive agreement to acquire Allegro Credit, a provider of point-of-sale consumer financing for audiology products, dental services and musical instruments. According to Synchrony, Allegro Credit’s merchant network and customer base will join the health… Read More

Bitcoin Point-of-Sale Provider DigitalMint Teams Up With Kerma Tech to Provide Access to Cryptocurrency Across Several States Including Georgia, Tennessee, & Indiana

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a strategic long-term partnership with Kerma Tech, a Southeast ATM operator, to provide consumers access to cryptocurrency across several states, including Georgia, Tennessee, and Indiana.  According to the DigitalMint, the initial launch with Kerma Tech calls… Read More

Fintech for Fashion: Purple Dot Raises £1.35 Million Seed Round

Purple Dot, a payment platform for fashion merchandisers that enables consumers to offer to purchase a product at below the retail recommended price, has raised a £1.3 million seed round. The funding was led by Connect Ventures. Other investors participating in the round include AI… Read More

Solar & Home Improvement Contractor Point-Of-Sale Lender Dividend Finance Announces New Lending Platform & Broader Loan Product Suite

  Dividend Finance Inc., a U.S.-based fintech that specializes in point-of-sale lending to solar and home improvement contractors, announced on Wednesday the launch of a new technology platform. Founded in 2013, Dividend claims it is a leading national provider of renewable energy and energy-efficient financing… Read More

UK Mobile Point of Sale App & Payment Aggregator KodyPay Secures  £1.8 Million Though Latest Seed Funding Round

KodyPay, a UK-based mobile point of sale app and payment aggregator, announced on Monday it raised £1.8 million through its latest seed funding round. Founded in 2018, KodyPay describes itself as a new mobile point of sale platform and payment aggregator, enabling businesses to perform… Read More

U.S. Fintech Jifiti Teams Up With Mastercard to Scale Point of Sale Installments Offering

Jifiti, a U.S.-based point of sale (POS) financing platform, announced on Tuesday it has joined forces with Mastercard to scale its point of sale installments offering to provide more options for consumers at checkout. Jifiti reported its platform is fully integrated using Mastercard’s Application Programming… Read More

Bitcoin Point-of-Sale Provider DigitalMint Announces Partnership With Finance Service Software Company Answers, Etc.

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a partnership with Answers, Etc., a financial services software provider. DigitalMint reported that by integrating with Answers, Etc.’s financial service center point-of-sale system, Tier3, the collaboration will provide a “simple” way for… Read More

LendingPoint Announces Launch of SDKn Technology to Simplify Consumer Credit Approval for E-Commerce & Point of Sale Purchases

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LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce,  announced on Wednesday the launch of its Lending Operating System (LOS), SDKn, which creates an instant consumer credit pre-approval platform for businesses of all sizes offering affordable financing options to the widest… Read More

Flexiti Unveils Omni-Channel Buy Now Pay Later Financing at Memory Express

Canada-based point-of-sale financing and payment tech provider Flexiti recently announced Memory Express, a leading retailer of computer products and services with 12 locations across Canada, has launched its omni-channel financing solution. Flexiti reported that with its buy now pay later solution, customers may apply for a… Read More

Pundi X Is Making PayPal Available on Blockchain-Based POS Devices

Singapore-based blockchain developer Pundi X announced on Tuesday its blockchain-based point-of-sale device, the XPOS, is now capable of supporting  PayPal (NASDAQ:PYPL). According to Pundi X, the XPOS has been providing scores of brick-and-mortar stores with an alternative payment method to cash by allowing them to… Read More

Flexiti Signs Multi-Year Agreement With Visions Electronics to Point-of-Sale Technology

Canada-based point-of-sale financing and payment tech provider Flexiti recently announced it has teamed up with Visions Electronics, a retailer for electronics with locations across Canada, has launched its point-of-sale technology. Flexiti reported its financing solution is now available in all 43 retail locations in addition… Read More

Contactless Payments: German Fintech Firms CCV Group, Intertrust, Riscure, Rubean to Create Hardware-Free Mobile Point of Sale System

A group of Fintech firms are planning to create a hardware-free mobile point-of-sale (mPOS) system. The mobile-based payments system will process contactless payments made from Android devices. Germany-based Fintech companies CCV Group, Intertrust, Riscure, and Rubean have reportedly been working on the PhonePOS concept, in… Read More

Name Change: Kreditech Rebrands to Monedo

Kreditech has rebranded to Monedo. The company is a point of sale (PoS) lender. The online lender claims to have over one million customers that have received more than 2 million loans. In a release, Monedo said it was looking to “further grow its position… Read More

Point of Sale: Klarna Reports Growth Alongside Annual Loss

Klarna, a point of sale financing platform, has posted its financial report for full year 2019. According to the numbers, top line revenue rose to SEK 7.1 billion versus year prior of SEK 5.5 billion. The increase in revenue was joined by a net income… Read More

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