In today’s FinTech news, OpeaSea is now accepting debit, credit and other payment forms for non-fungible tokens (NFTs), meaning that even people who don’t dabble in crypto can still buy, sell, trade and collect digital art. Plus, Anyday raised seed funds to introduce its split payments concept.
NFT marketplace OpenSea is now accepting credit cards for NFT purchases, thanks to a collaboration with MoonPay. The move opens up NFT investing to people who might not own cryptocurrency.
Individuals looking to buy, sell, trade and collect NFTs can now pay directly with Visa, Mastercard, American Express, Apple Pay, Google Pay and other methods, rather than having to convert funds into specific cryptocurrencies. The new payment feature is being rolled out in stages.
Anyday raised €4 million ($4.4 million) in seed funding to bring its split payments buy now, pay later (BNPL)-type service to Scandinavia.
The startup’s split payment concept gives shoppers the option of dividing a purchase into four payments, with 25% due upfront. The company said it has partnered with over 1,000 retailers in Denmark and has an estimated 20,000 users on its platform.
Even the most digitally-savvy consumer using the newest FinTech for payments and spending will often link their account to an already-existing financial account, at least to fund it at the opening.
People expect it to be easy to move money between accounts. The Money Mobility Tracker®, a PYMNTS and Ingo Money collaboration, takes a look at what’s new in financial institutions, FinTechs and secure money mobility.
Credit unions are turning to FinTechs for specialty solutions — solving niche problems or boosting existing products — and also to fill technology and other gaps.
Scott Young, vice president of innovation at PSCU, told PYMNTS that to help ensure a good fit, credit union service organizations (CUSOs) can vet the solutions offered by FinTechs so credit unions don’t have to make the decisions alone.
Cross-border payments specialist PingPong Payments has partnered with India Sourcing Network to help Indian sellers get funds from international buyers and make borderless eCommerce possible.