Omnichannel lease-purchase platform Katapult officially opened the trading day on the NASDAQ market (July 8th), ringing in its new life as a publicly-traded firm on the stock exchange. “We are excited about the opportunity to celebrate this accomplishment and ring the Opening Bell on Nasdaq,”...
Much has been written about the explosive growth spurt buy now, pay later (BNPL) options have enjoyed over the last few years, and particularly the last year-and-a-half, as consumer preferences for an alternative credit method to cards have rapidly grown. Not nearly as much has...
Nearly unknown to the vast majority of U.S. customers as recently as five years ago, buy now, pay later (BNPL) offerings are exploding this summer as up-and-comers and well-established firms are racing to get their variation of installment payments in front of consumers as an...
There is something of a generational shift happening when it comes to how consumers want to access and leverage credit. The number of younger consumers carrying traditional rolling balance cards is on the decline. The May 2021 edition of PYMNTS Buy Now, Pay Later Tracker...
We won’t name names while setting off on another PYMNTS Provider Ranking of Alternative Credit Apps — it’s all in the numbers below, as we shall see — but to give a taste of just how big alt-credit is getting, the market valuation of one high-ranking...
Buy Now, Pay Later company Afterpay has announced expansions to Pulse Rewards, which is a loyalty program rewarding those who pay on time, a press release says. The release says Afterpay’s new initiative will reward “responsible spending,” as opposed to some other credit card schemes...
New York’s Splitit has teamed up with the Middle East’s tabby to offer expanded buy now pay later (BNPL) tools and white label opportunities, according to a press release on Monday (June 28). The strategic partnership brings Splitit into the fast-growing $7 billion United Arab...
Australian buy now, pay later (BNPL) firm Afterpay is giving some of its U.S. shoppers the ability to buy merchandise at retailers even if those stores don’t have a relationship with the company, according to a press release emailed to PYMNTS. Afterpay is targeting this...
Digital loans and credit platform Kredivo has raised $100 million in an expanded debt facility, the Indonesia-based FinTech announced on Monday (June 21) in a press release. Kredivo will use the funds to extend consumer loans to its Indonesian borrowers. In addition to offering personal...
