alternative credit

BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
July 28, 2022  |  Buy Now Pay Later

There’s been a lot of “great” micro eras packed into less than three years — the great pandemic, the great digital shift, the great reopening...

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Ghana FinTech Fido Raises $30M in Series A Round
Ghana FinTech Fido Raises $30M in Series A Round
June 22, 2022  |  Investments

Ghanaian FinTech Fido has raised $30 million in a funding round to boost the company’s efforts to develop financial technologies that can be used across...

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Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. Get the...

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CFPB Wants Credit Reporting Standards in BNPL Sector
CFPB Wants Credit Reporting Standards in BNPL Sector
June 16, 2022  |  BNPL

The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer...

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EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
June 10, 2022  |  BNPL

The EU Council, one of the legislative bodies of the European Union, agreed on Thursday (June 9) on the revision of the consumer credit directive...

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BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
June 07, 2022  |  Buy Now Pay Later

When a House Subcommittee on Financial Services hearing titled “Buy Now, Pay More Later?” was convened last November, it was clear that rising installment debt...

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Nova Credit Teams with Alloy on Inclusive Business Lending
Nova Credit Teams with Alloy on Inclusive Business Lending
May 24, 2022  |  Partnerships

San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum...

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New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

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The Millennial Minute: Younger Users Want BNPL From Their Banks
The Millennial Minute: Younger Users Want BNPL From Their Banks
May 05, 2022  |  BNPL

As more consumers try buy now pay later (BNPL) and like it, the paradox of choice is becoming an issue as numerous third-party providers and...

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