Bridal fashion brand Azazie announced Thursday (June 17) it has formed a partnership with Afterpay to offer buy now, pay later (BNPL) options to brides and their parties. The San Jose company says it has seen an increase in the average order value for customers...
When Sezzle and Target announced their three-year deal this month, it wasn’t just an ordinary tie-up. It was a milestone moment for the burgeoning business of installment payments. In fact, Sezzle President and Co-Founder Paul Paradis told PYMNTS, Target is the first top-10 retailer in...
The buy now, pay later (BNPL) company Sezzle has formed a partnership with Gridiron Football to provide a digital payment solution for the fast-growing youth football league. “Expanding into sports registration and equipment with Gridiron Football is a natural step for Sezzle as it focuses...
The race to be the top buy now, pay later (BNPL) player heated up once again Thursday (June 10) as European FinTech and BNPL powerhouse Klarna announced its latest funding round a short three months after announcing its last fundraising round. As of that earlier...
Shopify’s Shop Pay Installments, powered by Affirm, are now being launched to all eligible U.S. merchants selling on the Shopify platform. Max Levchin, Affirm CEO and founder, said in a blog post on Thursday (June 10) that 25 percent of merchants using Shop Pay Installments...
Buy now, pay later (BNPL) offerings have had a very big year, as consumers in the U.S. and around the world have embraced the alternative to traditional store-based credit with unexpected and unprecedented enthusiasm. But BNPL offers, as presented to customers, still have some limitations...
Klarna is now offering a new shopping feature that gives U.K. users the ability to buy products interest-free using its app at any online merchant even if they’re not partnered with the Swedish buy now, pay later (BNPL) firm. Sebastian Siemiatkowski, CEO of Klarna, said...
The rivalries in the financial services business are legendary. Companies and their chief executives back in the day made no bones about their competitive obsessions and their desire to be on top of the heap. There was Citi vs Chase; Sandy Weill vs. Jamie Dimon....
Look out, Klarna. Move over, Affirm. Heads up, Afterpay. Citizens Financial is crashing the BNPL party and looking to play ball. This, as the Rhode Island-based traditional lender announced its buy now, pay later (BNPL) tie-up with discount retailer BJ’s Wholesale — not only staking...