For millions of households, rent is the anchor expense that dictates everything else. PYMNTS Intelligence has estimated that housing absorbs 37% of take-home pay for consumers earning under $50,000 annually, compared with about 13% for households above that income threshold, underscoring how sharply rent constrains...
Buy now, pay later (BNPL) provider Affirm has partnered with FinTech company Esusu to enable some people to pay their rent in two installments, CNBC reported Thursday (Jan. 22), citing an Affirm spokesperson. This offering will include 0% interest and no late fees, according to...
Americans are no longer just spreading payments over time. They are spreading risk, timing and lifestyle choices as rising costs reshape how discretionary spending actually happens. That shift is at the center of “Buy Now, Pay Later Powers the Experience Economy,” a January 2026 PYMNTS Intelligence data...
Flexible payment provider Affirm is updating its underwriting to include richer real-time signals such as account balances and cash flow trends. The company is already applying this capability to Affirm Card users who have linked a third-party bank account or have an Affirm Money Account,...
Merchants using Gr4vy’s cloud-based payment orchestration platform can now offer Affirm’s flexible payment options to eligible customers through online and mobile channels. The offering is enabled by a partnership between the two companies and the integration of those payment options with Gr4vy’s platform, Gr4vy said...
On the eve of the COVID-19 pandemic, large banks were jolted by the sudden rise of a new credit alternative. That 2019, buy now, pay later option from specialized providers like Klarna, Affirm and AfterPay took off with cash-strapped consumers. BNPL sought to compete with...
Revolve Group, a fashion retailer for millennial and Generation Z consumers, now offers Affirm’s flexible payment options to shoppers in Canada and the United Kingdom. The offering marks an expansion of the companies’ existing partnership in the United States, which launched earlier this year, according...
Sweden-based flexible payments provider Klarna has extended its relationship with Apple to two new countries. The company’s pay-later products are now available for consumers checking out on Apple Pay in France and Italy, Klarna announced Tuesday (Dec. 9). This brings the Klarna-Apple Pay collaboration to a total of eight major markets,...
Digital bank and payments firm Klarna is expanding its new membership plan to the U.S. The Sweden-based company introduced its Premium and Max plans in Europe and the U.K. in October and announced in a Thursday (Dec. 4) news release that it is now rolling out those programs...