BNPL

Transcard Teams With Thredd to Expand Payment Orchestration Platform

Transcard Teams With Thredd to Expand Payment Orchestration Platform
Transcard Teams With Thredd to Expand Payment Orchestration Platform
May 27, 2025  |  Partnerships

Payments technology firm Transcard has teamed with Thredd to expand its payment orchestration platform. The collaboration, focused on Transcard’s SMART Suite platform, expands payment method optionality for customers and...

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Affirm and Kayak Extend Pay Later Partnership to Canada
Affirm and Kayak Extend Pay Later Partnership to Canada
May 22, 2025  |  Partnerships

Affirm continues to deepen its travel industry footprint by expanding its partnership with Kayak. The pay later company and the travel search engine have offered...

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Pagaya Issues $300 Million in Bonds to Fund BNPL Loans
Pagaya Issues $300 Million in Bonds to Fund BNPL Loans
May 22, 2025  |  BNPL

Consumer lending platform Pagaya is reportedly pushing into the pay later market. The company is about to issue $300 million in bonds that will be...

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25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score
25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score
May 20, 2025  |  Consumer Insights

Contrary to perceptions of financial irresponsibility, a significant portion of subprime borrowers actively and strategically use credit to improve their financial standing, revealing an underserved...

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New Data Shows Smaller Players Come Up Big as Credit Unions Unleash Innovation
New Data Shows Smaller Players Come Up Big as Credit Unions Unleash Innovation
May 20, 2025  |  Credit Unions

Credit unions tend to evoke images of simple, brick-and-mortar institutions, where friendly employees who know you by name make up for the lack of financial...

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Klarna Marks 100 Million Customers as Losses Nearly Double
Klarna Marks 100 Million Customers as Losses Nearly Double
May 19, 2025  |  Earnings

Buy now, pay later (BNPL) giant Klarna says it now has 100 million active customers. The Swedish FinTech revealed that milestone Monday (May 19) as it released...

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UK Aims to Tame ‘Wild West’ of the BNPL Sector
UK Aims to Tame ‘Wild West’ of the BNPL Sector
May 19, 2025  |  BNPL

The British government is preparing to introduce new regulations for pay later companies. As the Financial Times reported, the legislation, set to be introduced Monday...

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Klarna CEO: AI Helped Drive 40% Reduction in Staff
Klarna CEO: AI Helped Drive 40% Reduction in Staff
May 15, 2025  |  Artificial Intelligence

Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. Sebastian Siemiatkowski told CNBC on Wednesday (May 14) that artificial intelligence (AI) was...

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