buy now pay later
Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL
Buy now, pay later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice. But BNPL companies have attracted some controversy,
UK-based Playter closes $55M round for its BNPL platform aimed at SMEs
Europe has no shortage of buy now, pay later startups and a quick search is revealing. Berlin-based fintech startup Mondu has taken in €39.9 million to expand its B2B BNPL solution. Madrid’s RITMO
Klarna’s potential valuation cut to $15B appears sufficiently steep
The Wall Street Journal recently reported that Klarna, a European buy now, pay later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a dram
PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service
After Apple shook up the buy now, pay later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the
Apple enters the BNPL market as regulation, competition intensify
How will all of these BNPL-focused providers fare with Apple pounding its way into their market?
Apple’s Pay Later installment credit scheme will live under a new lending subsidiary
The news that Apple would offer its own “buy now, pay later” service splitting any Apple Pay bill into installments hit the fintech lending world like a thunderbolt. But it turns out the n
Affirm and Klarna ramp up competing efforts to attract US consumers
Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here in the U.S. As such, compan
Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global
More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it
BNPL in 2022: 4 fintech investors discuss regulation, trends and how to stand out
To get a better picture of where the BNPL market is at right now, we spoke with four active investors about their expectations for the space, upcoming regulation, scalability, default risk and more.
The BNPL boom may be fading
The shocking decline in the value of Upstart and Affirm is only part of the story. There are myriad startups in the BNPL market, meaning that a large piece of fintech was just heavily repriced.
The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A
Walnut was founded by Roshan Patel and Yash Joshi to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing financial transactions. After being
Affirm’s CTO talks transparency and the tech that makes BNPL possible
TechCrunch sat down with Libor Michalek, president of technology at Affirm, to understand just how the company differentiates itself from its plethora of competitors.
In the wake of Fast’s collapse, Volume thinks it can crack the payment checkout conundrum
Online payment methods can be expensive for merchants, who have to pay between 2% and 8% of every sale to debit and credit card, e-wallet and BNPL facilitators. Much of this is often passed to consume
TechCrunch+ roundup: Churn rate basics, BNPL fraud, fundraising IP checklist
The venture capital market is slowing down, which means early-stage founders are chasing a smaller pool of money. We asked VCs to name a pro forma pitch practice they think founders should retire.
Fraud as a service: Scammers are using encrypted messaging to undercut BNPL revenue
Payment fraud is going mainstream, and anyone with an internet connection can join in.
Nigeria’s CredPal secures $15M in debt and equity to scale its BNPL product across Africa
The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growt
Using data to solve key pain points for today’s banking customers
Vast amounts of information improve banks’ ability to support customers, but financial institutions must know how to use it.
TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer
“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, elect
How the US Consumer Financial Protection Bureau is set to shake up BNPL in 2022
BNPL services offer customers accessibility and flexibility for payments, but unregulated services mean people can unintentionally put their financial health at risk.
TechCrunch+ roundup: Box unfolds a surprise, robotics pitch tips, BNPL growing pains
Growth is good, but like the James Brown song, Klarna is paying the cost to be the boss.