Tagged: synchrony

June 1, 2023 @ 6:38 pm By Omar Faridi  |  

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

July 16, 2022 @ 10:03 pm By Omar Faridi  |  

Synchrony (NYSE: SYF), a financing company, recently announced that merchants will now be able “to offer a short-term, no interest installment option,” Synchrony SetPay pay in 4, “via the Clover® point-of-sale and business management system from Fiserv, Inc.” This buy now, pay later (BNPL) offering… Read More

April 6, 2022 @ 8:47 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced the introduction of the new PayPal Cashback credit card, “issued by Synchrony, which gives customers even more cash back when they shop with PayPal.” With the new card, customers earn “unlimited 3% cash back when paying with PayPal at checkout… Read More

December 17, 2021 @ 5:53 pm By Omar Faridi  |  

Synchrony, a consumer financial services firm, has announced a strategic investment in Skipify – a digital payments firm that allows merchants to provide an instant, one-tap checkout solution. In addition to the investment made via Synchrony Ventures, Synchrony will team up with Skipify on “commercializing… Read More

February 16, 2021 @ 2:09 pm By Samantha Hurst  |  

  Venmo announced on Tuesday its Venmo Credit Card is now available for all eligible Venmo customers to apply, straight from the Venmo app. As previously reported, the Venmo credit card is issued by Synchrony (NYSE: SYF) and powered by the Visa network, gives customers automatic… Read More

January 29, 2021 @ 2:30 pm By Samantha Hurst  |  

  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

January 13, 2021 @ 11:06 am By Samantha Hurst  |  

  Walgreens announced on Wednesday it is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers. The retailer reported that in the coming months,… Read More

October 17, 2019 @ 2:52 pm By Samantha Hurst  |  

Payments platform giant PayPal (NASDAQ: PYPL) announced on Thursday it has extended its strategic consumer credit partnership with Synchrony (NYSE: SYF). PayPal reported that through the collaboration, Synchrony will become the exclusive issuer of a Venmo co-branded consumer credit card in the U.S., which is… Read More

July 3, 2018 @ 3:24 pm By Samantha Hurst  |  

Global payments platform PayPal (NASDAQ: PYPL) announced on Tuesday the closing of its consumer credit receivables transaction with Synchrony (NYSE: SYF). PayPal reported that under the terms of the transaction, and related transactions with unaffiliated third parties, Synchrony acquired $7.6 billion in receivables, including PayPal’s… Read More