FinTech Sezzle has landed a three-year deal to provide its interest-free installment product to Target customers, Sezzle announced in a press release Wednesday (June 2). “Under the agreement, Sezzle’s product will be used in-store and across Target’s digital platforms, providing guests access to interest-free payment...
London-based Divido has reeled in $30 million in venture funding led by banking giants HSBC and ING. The company offers a buy now, pay later (BNPL) platform for the retail finance sector. In a press release, Divido said it would use the cash “to fuel...
Buy now, pay later (BNPL) company Afterpay has chosen San Francisco to be the location of its new North American headquarters, according to a Wednesday (May 26) announcement emailed to PYMNTS. Afterpay’s new North American headquarters, which is based in the 11-story landmark Phelan Building...
For the roughly 54 percent of Americans that have prime or super-prime credit, according to U.S. Consumer Financial Protection Bureau data, access to underwriting is rarely a concern. The biggest difficulty holders of prime credit scores face when seeking credit is in selecting which of...
Quadpay, which works in buy now, pay later (BNPL) services, has teamed with eTailer Newegg, according to a press release. The partnership will give Newegg a leg up in the BNPL space. By using Quadpay, customers can split any purchase into four interest-free installments, paid...
The Australian buy now, pay later (BNPL) company Afterpay is advertising its services in a global advertising campaign starring actress Rebel Wilson. It’s the firm’s U.S. TV ad debut. The ads feature Wilson, the Australian comedy star known for her role in the Pitch Perfect...
Zip Co Limited has announced deals to acquire the remaining shares of buy now, pay later (BNPL) companies Twisto Payments and Spotii Holdings, according to a press release. The deal puts a combined valuation of the two companies at $180 million Australian. “With Twisto’s existing operations...
The pet industry snagged a historic high of almost $104 billion in 2020 as consumers spent more time at home and leaned on pet companionship during the pandemic, with a nearly 7 percent increase in pet retail sales between 2019 and 2020. Consumers paid generously for pet food and treats, vet...
The last year or so has not exactly been high times for the fashion industry. Homebound consumers have little need of haute-couture, and while it is not quite fair to say that everyone has lost all sense of style in the last year or so...
