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Pagaya Issues $300 Million in Bonds to Fund BNPL Loans

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. Get the Full Story Complete the form to unlock this article and enjoy...

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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. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this article...

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40% of Subprime Borrowers Have Applied for BNPL
40% of Subprime Borrowers Have Applied for BNPL
May 14, 2025  |  BNPL

Despite significant systemic barriers, consumers classified as subprime remain active participants in the credit market, seeking both traditional products and alternative options to manage finances...

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US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
May 13, 2025  |  BNPL

The traditional pillars of consumer credit are undergoing a profound transformation as “pay later” options, once a niche for specific shoppers, are now redefining how...

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