alternative credit

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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Affirm and Shopify Expand Pay-Later Pact to Canada
Affirm and Shopify Expand Pay-Later Pact to Canada
April 09, 2025  |  BNPL

Affirm and Shopify have expanded their pay-later offering beyond U.S. borders. The companies announced Wednesday (April 9) that Shopify merchants in Canada who have signed...

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Fragmentation Gives Way to Consolidation Across Pay-Later Landscape, Says Splitit CEO
Fragmentation Gives Way to Consolidation Across Pay-Later Landscape, Says Splitit CEO
April 02, 2025  |  BNPL

The pay-later ecosystem has evolved through the past few years, with a broad range of solution providers and available options. The idea of paying over...

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Klarna Offered 15 Million Warrants to Seal Walmart Partnership
Klarna Offered 15 Million Warrants to Seal Walmart Partnership
April 01, 2025  |  BNPL

Klarna is reportedly facing backlash ahead of its $15 billion initial public offering (IPO). As the Financial Times (FT) reported Tuesday (April 1), some of...

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Mastercard Sets Sights Beyond Retail as It Embeds BNPL Into Network
Mastercard Sets Sights Beyond Retail as It Embeds BNPL Into Network
April 01, 2025  |  BNPL

The buy now, pay later pure plays like Klarna and Affirm might get a lot of attention these days. However, card networks have a piece...

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Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  BNPL

The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not...

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75% of Financially Pressured Consumers Turn to Pay Later Plans
75% of Financially Pressured Consumers Turn to Pay Later Plans
March 03, 2025  |  BNPL

The use of pay later plans has grown as consumers seek more flexible payment options. The PYMNTS Intelligence eBook “10 Impact Statements: The 2024 Pay...

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Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
February 24, 2025  |  Alternative Credit

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional...

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62% of Credit Card Outsiders Use Alternative Credit Products
62% of Credit Card Outsiders Use Alternative Credit Products
February 18, 2025  |  Alternative Credit

Many consumers without credit cards face financial challenges. The PYMNTS Intelligence report “What Credit Card Outsiders Want — and How FIs Can Bring Them Back”...

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