Sezzle saw its volumes increase in its most recent quarter, while seeing continued profitability. The buy now, pay later (BNPL) firm announced earnings Monday (May 15) that showed its monthly revenue increasing 25% year over year. The company said its income improved year over year...
Growth capital firm Capchase has unveiled an installment payment tool for Software-as-a-Service (SaaS) companies. Capchase Pay is a B2B buy now, pay later (BNPL) solution designed for SaaS businesses that sell via long-term, annual contracts, the company announced Thursday (May 11). According to a news...
Citi credit card members can now pay over time thanks to a new partnership with Amazon Pay. The buy now, pay later (BNPL) collaboration, announced Wednesday (April 26) is open to eligible Citi card members using the company’s Flex Pay, and marks the first time...
Payments company Stripe and buy now, pay later (BNPL) provider Affirm have expanded their partnership. According to a Thursday (April 13) news release, the expansion makes Affirm’s Adaptive Checkout feature available to eligible Canadian Stripe users. The expansion follows a Stripe/Affirm partnership launched last year...
The buy now, pay later (BNPL) market has operated largely free of government oversight since its launch, following in the footsteps of many of its counterparts in the tech world. Much like ridesharing, streaming media subscriptions or short-term property rentals, the BNPL market surged while...
Regulators worldwide are bearing down on BNPL providers over concerns about overspending, debt accumulation, and privacy invasion. Omri Flicker, chief legal and risk officer at Splitit, says those who already play by existing rules aren’t losing any sleep.
Buy now, pay later (BNPL) payments have exploded in popularity in the past several years, now with more than 360 million users worldwide. While BNPL offers no interest on payments made by the due date, users who fail to make payments on time can face...
At a time when investors are increasingly risk averse, it is important that buy now, pay later (BNPL) firms — and FinTechs more generally — reevaluate their business strategies. Investors are prioritizing present profits over rapid growth, so companies need to pivot toward a model...
After years of easy money and rapid growth, the FinTech bubble burst in 2022 amid economic challenges. A new monthly report takes a deep dive into FinTechs’ sometimes painful pivot to profitability, starting with BNPL.
