Affirm Says About Impact of High-Interest Rates on Demand for BNPL
Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.
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5 Ways to Survive Holiday Expenses
Holidays are coming. As the cost of living increases, for many people, the holiday season brings not only joy but also headaches from trying to make ends meet. Don’t let multi-digit price tags scare your holiday spirit away. Here are some tips and tricks to help your budget survive holiday expenses.
Klarna Reports Third-Quarter Earnings
The growth in the use of the financial service Buy Now, Pay Later by American consumers helped the Swedish company Klarna to record a profit in the third quarter of this year.
UK BNPL Use Shows Growth
In the UK, against the background of the cost of living crisis, the use of the Buy Now, Pay Later (BNPL) service has sharply increased.
US Online Holiday Sales to Hit $222B, Driven by Mobile Shopping
According to Adobe Analytics, online holiday sales in the USA are expected to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY).
Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers
Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.
B2B BNPL Provider Hokodo Acquires European Payments License
The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.
Amazon Pay Adds BNPL Option by Affirm
Eligible U.S. merchants offering Amazon Pay to their customers can now seamlessly add Affirm’s Adaptive Checkout flexible payment option at checkout
Klarna Halves Losses
Klarna is on the way to restoring its financial performance to an acceptable level.
Klarna Lets Customers Opt Out of Credit
The BNPL giant believes that customers should be given the option to decide when using the credit makes sense for them and opt out if that doesn’t benefit their financial health
Atome Brings BNPL to Amazon Customers in Singapore
Amazon customers in Singapore can now pay for their shopping with a pay-in-three, zero-interest BNPL option provided by Atome – the payment solutions division of Advance Intelligence Group
Sezzle’s BNPL Option Helps Building Credit Score
Sezzle’s Pay-in-2 option expands the range of the company’s existing BNPL products and may help customers build their credit score in conjunction with the Sezzle Up feature
Celerant and Sezzle Partner to Help Retailers Offer BNPL
Celerant Technology has partnered with Sezzle to enable retailers to offer customers Buy Now, Pay Later (BNPL) services.
Stripe Offers Affirm’s Adaptive Checkout to Canadian Users
Stripe payment company and the Buy Now, Pay Later (BNPL) Affirm service provider have expanded the scope of cooperation.
Two Raises $19.4 Million for Global B2B Payments Solution
Two announced the attraction of investment funds for 18 million euros (about $ 19.4 million).
Tamara Secures Debt Financing to Expand BNPL in GCC Region
Tamara has secured $150 million in debt financing for its shopping and payments platform.
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