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.
After a record-breaking year in 2021, the FinTech industry experienced a significant downturn in 2022. High inflation, market volatility and recession fears caused investors to shift their focus from companies’ growth potential to their current profitability; a metric many FinTechs struggle with. Consequently, once abundant...
Mondu has launched its B2B payment solutions in the United Kingdom. U.K. businesses can now use Mondu’s B2B buy now, pay later (BNPL) offering both within the country and in cross-selling with businesses in Germany, Austria, the Netherlands and France, Mondu said in a Wednesday...
Complications run rampant in B2B payments, with small businesses especially struggling to overcome payment delays, cash management challenges and a host of other issues. While large businesses can deploy tremendous resources and extensive accounts payable (AP) teams to brute-force their way through these obstacles, small-...
What happens when businesses need expensive supplies but have difficulty purchasing them upfront? Neha Raghava of equipment supplier Bryant Dental explains how B2B BNPL can help businesses buy them so that suppliers don’t have to wait for the proverbial check in the mail.
The exploding use of buy now, pay later (BNPL) needs to have some oversight governing that growth, Omri Flicker, chief legal and risk officer at Splitit, told PYMNTS. The conversation came against a backdrop in which the Consumer Financial Protection Bureau (CFPB) found many BNPL...
Business-to-business (B2B) payments are the lifeblood of the modern economy. They are necessary for any business that deals with physical goods, from the smallest craft shop needing to purchase needles and thread to the largest technology titan having to buy microchips. B2B payments total $25...
Tabit and Lenovo have partnered to offer business-to-business (B2B) buy now, pay later (BNPL) in Canada. With this collaboration, Tabit’s B2B BNPL payment method will be integrated into Lenovo’s offerings so that the latter’s business customers can access fully automated financing at the point of...
Buy now, pay later (BNPL) provider Sezzle intends to list shares of common stock on the Nasdaq Global Market. Should this proposed listing happen, the company’s shares of common stock will continue to trade on the Australian Securities Exchange (ASX) and it intends to enable...
