With inflation causing more spending introspection, buy now, pay later (BNPL) continues branching into new use cases and verticals, building on the fashion sector where it started. From healthcare to B2B applications, installment payments are coming to almost every point on the commerce compass as...
Consumer financing company Synchrony has launched Synchrony SetPay pay in 4, an installment payment option for merchants, according to a Thursday (July 14) press release. The buy now, pay later (BNPL) service is offered via the Clover point-of-sale (POS) and business management system from Fiserv and...
Australian buy now, pay later (BNPL) company Zip has jettisoned plans to buy rival firm Sezzle weeks after saying the deal was proceeding. As Reuters reported Tuesday (July 12), the decision highlights the way investors have cooled toward FinTech firms amid the Russia-Ukraine war and...
Buy now, pay later (BNPL) platform Zip announced it is closing its money management app Pocketbook due to “significant changes” that Zip is currently going through, Business News Australia reported Friday (July 8). The Pocketbook app, which was acquired by Zip for $7.5 million in...
Indonesian digital banking and finance platform Akulaku is expanding its buy now, pay later (BNPL) platform Akulaku PayLater, according to a Tuesday (July 5) press release. Launched earlier this year, Akulaku PayLater lets people with little to no credit history purchase the products they need...
The Saudi Arabian Airline flynas announced in a press release July 5 that it is partnering with Amazon Payment Services to offer buy now, pay later payment options to people buying flynas flights. The news means that flynas is the first Saudi Arabian airline to...
LazyPay, the lending arm of PayU India, is halting its support of its buy now, pay later (BNPL) product LazyPlus UPI until regulators sort out questions about the platform’s issues among card-based FinTechs, according to an Economic Times report Tuesday (July 5). LazyPay launched LazyPlus...
London-based buy now, pay later (BNPL) provider Zilch announced Thursday (June 30) that it has secured an additional $50 million investment for its Series C funding round, Tech Funding News reported. The total investment for the round now stands at $160 million. The company plans...
ZoodPay, a Swiss buy now, pay later (BNPL) solution, Wednesday (June 29) announced a deal with Shopini, an Iraqi retailer and eCommerce company. Under the agreement, ZoodPay’s four-installment BNPL offering will be available in online and offline Shopini settings. Those include, according to the release:...
