Broadly speaking, the buy now pay later (BNPL) growth spurt over the last few years has been nothing short of amazing, and arguably doubly so when you consider the fact that the past 18 months of its growth occurred under the global cloud of COVID....
It’s been a busy time for the buy now, pay later segment over the past few days, including an announcement from Discover that it is investing $30 million in Sezzle and reports that Apple is looking to leap into the fray with its own installment program for Apple...
Discover is backing Sezzle with a $30 million investment on a per-share price of $6.58 for approximately 4.6 million total shares issued. The shares will be issued during the week of July 19. After finalizing a definitive commercial agreement, the expanded partnership includes integrating a...
When it comes to issuing credit, one of the biggest blocks of available consumers in the U.S. also happens to be nearly impossible to see. That’s because some 44 million American consumers — particularly younger ones — are currently “invisible” within the credit system, and...
The buy now, pay later (BNPL) landscape is getting ever more crowded. And now Apple joins the fray. As reported on Wednesday (July 14), the tech giant is working on an Apple Pay “perk” that will let users pay for purchases over time. The effort...
The digital shift has created a range of new options for consumers who want better customer experiences, including new ways to pay. Buy now, pay later (BNPL) is an increasingly popular installment payment option that has been upgraded for the digital age. Consumers used to...
PayPal Australia is moving into the buy now pay, later (BNPL) space, offering no late charge fees and lower minimum purchase thresholds, Reuters reported on Tuesday (July 13). PayPal is looking to unseat competitor Afterpay and others in the country. PayPal Pay in 4 was...
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...
