Buy now, pay later (BNPL) is a consumer credit solution typically sold to retailers who then allow eligible consumers to use it to pay in installments. But what changes when a BNPL business provides its solution straight to consumers rather than retailers? Quite a bit,...
Buy now, pay later (BNPL) provider Sezzle has launched a direct integration with marketing automation platform Klaviyo, the companies announced Wednesday (Aug. 17). According to the press release, the integration lets Klaviyo merchants offer customers Sezzle’s financing options when shoppers are ready to abandon their...
Buy now, pay later (BNPL) has a bit of a perception problem, Adam Hughes, CEO of Amount, told PYMNTS’ Karen Webster. The conventional wisdom is that the typical BNPL consumer is strapped for cash and credit, and may be a risky bet for providers. However,...
Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to underwrite more customers than any bank, The Wall Street Journal (WSJ) wrote. “I can swear on a stack of Bibles...
Buy now, pay later (BNPL) took off like a rocket during the pandemic, in an age when interest rates were at historic lows and stimulus payments left many consumers feeling relatively flush with cash. And now comes the stress test. Maybe. Fitch Ratings said in...
In recent years, the rise of digital buy now, pay later (BNPL) solutions has transformed the landscape of eCommerce. With the likes of Apple and PayPal now in on the action, there are more options than ever for consumers looking for quick credit on their...
While the buy now, pay later (BNPL) solution has exploded in recent years and continues to transform payments in the business-to-consumer (B2C) space, similar models like trade credit have been around for decades, if not centuries, defining how much time buyers have — often 30...
Kontempo has raised $30 million in a seed round to continue expanding its buy now, pay later (BNPL) solution for B2B transactions in Latin America. The FinTech will use the capital to grow its team, develop its merchant network and improve its technology, LatamList reported...
Some view buy now, pay later (BNPL) for business-to-business (B2B) payments as a bridge too far from the now-stressed consumer sector equivalent. There is a school of thought that holds that businesses have been doing BNPL for centuries through net invoicing (e.g., the classic net...
