Australia’s younger consumers are increasingly embracing buy now, pay later (BNPL), a new survey shows. More than 40% of shoppers between 18 and 39 use the installment payment offering, the Reserve Bank of Australia (RBA) said in a study released Sunday (Nov. 26). The study, which also noted...
Marqeta has teamed with Credi2 to launch an installment payment platform for European banks. The partnership, announced Wednesday (Nov. 22), combines Credi2’s embedded lending platform with Marqeta’s card issuing offering, and comes amid a boom in popularity for installment offerings like buy now, pay later (BNPL). “Launching new payments solutions...
Buy now, pay later (BNPL) continues to grow in the payment space, and its impact on consumer finances is even more important. Not only are consumers using the method more to pay for goods, but it is becoming a financial solution for those navigating high...
Sezzle has entered into partnerships to bring its buy now, pay later (BNPL) services to a sporting goods retailer and to hundreds of Software-as-a-Service (SaaS) platforms. One new partnership is with Sportsman’s Warehouse, a retailer offering outdoor and hunting gear online and in-store, Sezzle said...
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made Tabby the first FinTech unicorn in the region, the firm said in a Wednesday (Nov....
England’s cost-of-living crisis has fueled a surge in buy now, pay later (BNPL) use. New research by the country’s Financial Conduct Authority (FCA) shows a 10% increase in use of the installment payment plan, the watchdog announced Tuesday (Oct. 31). With that in mind, the FCA says it has...
Swedish payments firm Klarna is facing a possible strike by employees in its home country. The Unionen and Swedish Engineering unions announced Thursday (Oct. 26) that the strike will commence on Nov. 7 if a collective bargaining accord is not reached. Negotiations have been underway since March, with both...
Kimberly Clark introduced Kleenex in 1924 as a product used by movie stars instead of face cloths to remove their makeup and keep their skin soft. The key selling point was that the tissues could be discarded after each use, saving women lots of laundry...
As the holiday season and festivities draw near, consumers, particularly those living paycheck to paycheck, are bracing themselves for the added financial stress that accompanies this time of year. As noted in “New Reality Check: The Paycheck-to-Paycheck Report — The Seasonal Financial Distress Deep Dive...
