Venezuela-based pay later FinTech Cashea has raised $100 million in new funding. The company says the new investment will allow it to develop new financial products and improve on...
Oregon is reminding pay later companies they must have state lending licenses before offering their services. The proposed bulletin from the Oregon Department of Consumer and Business Services,...
Buy now, pay later was supposed to take business away from credit cards. Instead, credit cards appear to be taking a page from BNPL. PYMNTS...
Buy now, pay later users are no longer choosing one provider and staying loyal. They are building a payment toolkit, selecting different installment options for...
Financial institutions have traditionally organized customers using familiar metrics: income, assets, credit score and spending patterns. Those variables determined who qualified for a mortgage, which...
The New York State Department of Financial Services (DFS) posted a notice of proposed rule making regarding buy now, pay later (BNPL) lenders together with the text of the proposed regulation...
For young subprime consumers, the clearest sign of financial pressure may show up not at the checkout counter, but at the doctor’s office. The PYMNTS...
PayPal introduced another buy now, pay later (BNPL) option for its customers in the United Kingdom, according to a Tuesday (July 14) press release. Pay...