One year after acquiring buy now, pay later (BNPL) platform Quadpay — and creating a billion-dollar company in the process — Australian payment technology company Zip says it is merging the two brands into one. Get the Full Story Complete the form to unlock this...
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Are installment payments evolutionary or revolutionary? They are both, with an emphasis on the latter, as consumers worldwide join the alternative-credit resistance in record numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Australian buy now pay later (BNPL) startup Afterpay is piloting a new money and lifestyle app that will offer users a savings account and debit card. The test run is initially rolling out to the firm’s Australia staff, with plans to go live to the...
The “Pay Later” pure-play stocks took a drubbing last week on the news that Apple Pay and Goldman, who partnered on the Apple Card, are doing it again to build a BNPL product. Get the Full Story Complete the form to unlock this article and...
Broadly speaking, the buy now pay later (BNPL) growth spurt over the last few years has been nothing short of amazing, and arguably doubly so when you consider the fact that the past 18 months of its growth occurred under the global cloud of COVID....
It’s been a busy time for the buy now, pay later segment over the past few days, including an announcement from Discover that it is investing $30 million in Sezzle and reports that Apple is looking to leap into the fray with its own installment program for Apple...
Discover is backing Sezzle with a $30 million investment on a per-share price of $6.58 for approximately 4.6 million total shares issued. The shares will be issued during the week of July 19. Get the Full Story Complete the form to unlock this article and...
When it comes to issuing credit, one of the biggest blocks of available consumers in the U.S. also happens to be nearly impossible to see. That’s because some 44 million American consumers — particularly younger ones — are currently “invisible” within the credit system, and...
