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Today in FinTech: Loans Backed By Crypto; Ukraine Phishing Attack Foiled; Healthcare BNPL

Today in FinTech: Loans Backed By Crypto; Ukraine Phishing Attack Foiled; Healthcare BNPL
Today in FinTech: Loans Backed By Crypto; Ukraine Phishing Attack Foiled; Healthcare BNPL
July 05, 2022  |  Technology

In today’s FinTech news, Wirex Credit is offering loans backed by crypto, while nine suspected cybercriminals were arrested following an alleged phishing attack on Ukraine....

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Flynas Customers Get BNPL as Payment Option
Flynas Customers Get BNPL as Payment Option
July 05, 2022  |  BNPL

The Saudi Arabian Airline flynas announced in a press release July 5 that it is partnering with Amazon Payment Services to offer buy now, pay...

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LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns
LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns
July 05, 2022  |  BNPL

LazyPay, the lending arm of PayU India, is halting its support of its buy now, pay later (BNPL) product LazyPlus UPI until regulators sort out...

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Employer-Backed BNPL Plan Spreads Out Healthcare Payments and Pain
Employer-Backed BNPL Plan Spreads Out Healthcare Payments and Pain
July 05, 2022  |  Healthcare

When a family member received a medical bill for $8,000 — despite having medical insurance — Steven Greene, who is now co-founder and CEO at...

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Amazon Egypt Introduces BNPL Offerings Through valU FinTech Platform
Amazon Egypt Introduces BNPL Offerings Through valU FinTech Platform
July 03, 2022  |  BNPL

Amazon Egypt is now offering buy now, pay later (BNPL) plans to qualified buyers through valU, the companies announced Sunday (July 3). Get the Full...

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Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

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Klarna Goes Shopping for Capital at $6B Valuation
Klarna Goes Shopping for Capital at $6B Valuation
July 01, 2022  |  BNPL

Buy now, pay later (BNPL) firm Klarna is preparing to raise new funds in a weak environment, a move that has reduced its valuation to roughly $6.5 billion, the Wall...

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Aussie BNPL Firm Openpay Bails on the US
Aussie BNPL Firm Openpay Bails on the US
July 01, 2022  |  BNPL

Australian buy now, pay later (BNPL) firm Openpay Group is pulling out of the U.S. after only a few months in the country, Reuters reported...

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