A flurry of announcements and proposals from the Consumer Financial Protection Bureau in the weeks leading up to — and after — November’s election begs the question: With the agency under fire from the majority party — as Republicans have control of the presidency and...
Pay-later network Affirm says it is expanding its partnership with payments company Adyen. The expansion makes Affirm the first buy now, pay later (BNPL) provider to support Adyen’s payment solution for platform businesses, while also offering more payment options for Adyen merchants in Canada, according to a Wednesday...
More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities. Millennials, lower-income consumers, and those living paycheck to paycheck are especially vulnerable. Those are some key takeaways from the recent...
Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in a three-year forward flow agreement. This capital commitment will enable Affirm to extend up to...
December 20, 2024
It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events. Every company, except OppFi, was down, leading the index to drop a shade over 6% for the week. Among the biggest movers for the week: Sezzle: The buy now, pay […]
December 16, 2024
More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities. Millennials, lower-income consumers, and those...
December 11, 2024
During the holiday season, consumer spending is impacted by the availability and visibility of financing options, such as Buy Now, Pay Later (BNPL) plans. A PYMNTS Intelligence Report, Maximizing Holiday...
December 05, 2024
This holiday season, consumers want it their way. And when it comes to the payments that fuel seasonal commerce, their way is fast, secure and flexible. Alternative payment methods (APMs),...
December 18, 2024
Pay-later network Affirm says it is expanding its partnership with payments company Adyen. The expansion makes Affirm the first buy now, pay later (BNPL) provider to support Adyen’s payment solution for platform businesses, while also offering more payment options for Adyen merchants in Canada, according to a Wednesday (Dec. 18) news release. “The opportunity for platforms to embed […]
December 13, 2024
Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in...
December 12, 2024
EBay is making Klarna’s buy now, pay later (BNPL) payment options available to its shoppers in six more European countries. Following a successful launch in Germany, this offering is now...
December 12, 2024
Slope launched a commercial buy now, pay later (BNPL) card solution powered by Marqeta. The new Slope Card enables brands and marketplaces to allow their B2B customers to pay in-store...
