Buy now, pay later (BNPL) platform Sezzle announced Thursday (Oct. 14) it’s broadening its partnership with credit bureau TransUnion to let users establish and build credit based on their Sezzle repayment history. Get the Full Story Complete the form to unlock this article and enjoy...
The death of U.S. payday lending has long been forecast, as opponents complain that short-term, high-interest loans offer consumers little more than an opportunity to fall into a debt trap that could take years to emerge from. Will competition from FinTechs finally spark the industry’s...
Lightspeed and Stripe have teamed up to launch Lightspeed Capital, which will, initially offer loans aimed at small and medium-size businesses (SMBs) in the U.S., Lightspeed announced. The program will provide retailers using Lightspeed Payments with “flexible financing” of up to $50,000 per retail location. Get the...
EBay is teaming up with LendingPoint to give the eCommerce giant’s U.S. sellers access to funding to help them build up and sustain their businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The alternative or alt-credit space — known variously as point-of-sale (POS) credit, “buy now, pay later” (BNLP) or installment payments — remains one of the hottest business stories of the past few years, as players stream in and consumers fall in love with the concept....
Indian FinTech Infibeam Avenues, which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
For individuals and small businesses that are having trouble covering the rent during the COVID-19 economic collapse, but might have a credit card or line of credit with available funds, Fiserv says it has a solution. Get the Full Story Complete the form to unlock...
A steady progression of credit throughout decades finds payments at a new frontier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Alternative credit is as hot as it gets, with various players raising astronomical sums from investors and opening up vast new markets. In the latest updates of PYMNTS’ Provider Ranking of Alternative Credit Apps, we see the major players holding fast to their top 10...
