Flexible Payments news and trends

BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
Buy Now Pay Later // January 10, 2024

For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on how you scale FinTechs and how you raise capital,” as he noted to Karen Webster.   But his time at PayLater,...

21 Payments Execs Reflect on 2023’s Strategic Shifts
Opinion // December 29, 2023

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These changes demanded adaptability and innovation, shaping strategies in response to evolving consumer preferences and the complex web of macroeconomic dynamics....

New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
BNPL // December 21, 2023

Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread out the payments over time. Although 56% of acquirers claim they facilitate general-purpose credit card installment plans before or during...

Splitit Secures $50 Million Investment From Motive Partners
Buy Now Pay Later // August 15, 2023

Installments-as-a-service platform provider Splitit has secured an investment of $50 million from private equity firm Motive Partners. This commitment is composed of two tranches of $25 million in exchange for the issuance of new preference shares, Splitit said in a press release. The first tranche will be invested...

Interviews & Exclusives
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock

January 10, 2024
For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on how you scale FinTechs and how you raise capital,” as he noted to Karen Webster.   But his time at PayLater, part of the Wonga Group, helped shape insights into the […]

New Study Finds Acquirer Confusion Clouds Installment Plan Landscape

December 21, 2023
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread out the payments over time....

BNPL Bulks Up Sales Of Protein Shakes And Sports Nutrition Products

August 12, 2021
Customers’ return to physical stores has been underway in recent months, with many viewing in-person retail as a treat after more than a year of health-related restrictions. Despite this, they...

Gusto CEO: Why Bimonthly Payroll Is Stuck In The Dot-Matrix Era

December 17, 2018
The typewriter had a good run. It ruled the roost as far as corporate word processing went for well over 100 years before the computer-based word processing showed up in...

Quick Reads
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform

May 13, 2024
Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI) to better understand the needs of consumers and merchants and to enhance risk decisions, Aplazo said in a Monday (May 13) press release. “Aplazo set out […]

Splitit Secures $50 Million Investment From Motive Partners

August 15, 2023
Installments-as-a-service platform provider Splitit has secured an investment of $50 million from private equity firm Motive Partners. This commitment is composed of two tranches of $25 million in exchange for the issuance of...

Breef Adds Payment Infrastructure to B2B Marketplace for Agencies

June 05, 2023
Breef has added payment infrastructure to its online marketplace that connects brands and agencies. With this new Breef(Pay) offering that is powered by business-to-business (B2B) flexible payments platform Tranch, brands can use...

Zenbase Offers Thousands of Avenue Living Communities Renters Flexible Payments

June 16, 2022
Split rent payment platform Zenbase is teaming up with real estate investment company Avenue Living Communities to offer its flexible payments service to the company’s 14,000-plus apartments and townhouses in...