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This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady Expansion

This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady Expansion
This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady...
September 18, 2020  |  News

This week saw cloud-storage software maker Snowflake’s initial public offering (IPO) pop an unprecedented 111 percent, Swedish-based alt-credit provider Klarna’s valuation hit $10 billion and instant disbursements...

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Affirm Raises $500M, Adds Bi-Weekly Plan
Affirm Raises $500M, Adds Bi-Weekly Plan
September 17, 2020  |  Investments

Affirm, a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. 17) in...

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GameStop Collaborates With QuadPay For BNPL
GameStop Collaborates With QuadPay For BNPL
September 17, 2020  |  Retail

Amid the approaching holiday shopping season, GameStop has joined forces with QuadPay to offer access to its buy now, pay later (BNPL) payment platform. QuadPay is currently available...

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‘Buy Now, Pay Later’ Buoys Recovery For SMBs
‘Buy Now, Pay Later’ Buoys Recovery For SMBs
September 16, 2020  |  BNPL

The retail world watches in amazement — and relief — as “buy now, pay later” (BNPL) becomes all the rage with consumers living under COVID,...

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Standard Chartered, Amazon To Offer Installment Payments In UAE
Standard Chartered, Amazon To Offer Installment Payments In UAE
September 15, 2020  |  BNPL

Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times. Get...

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Klarna Valued At $10.65B After $650M Funding Round
Klarna Valued At $10.65B After $650M Funding Round
September 14, 2020  |  Investments

Private equity firm Silver Lake is leading a group in a $650 million investment in buy now, pay later (BNPL) provider Klarna, according to a...

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Main Street, Disbursements And QR Codes Top This Week’s News
Main Street, Disbursements And QR Codes Top This Week’s News
September 11, 2020  |  The Weekender

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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Report: How Installment Payment Options Help Small Retailers Play Big
Report: How Installment Payment Options Help Small Retailers Play Big
September 11, 2020  |  BNPL

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