The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars. Pay and Be Paid Pillar Leads the Pack Pillar by pillar performance was mixed. Within the Pay and Be Paid segment, which gained 7.7%, Sezzle surged 65.9%....
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading. Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s latest results detailed that income growth was 35.5% year over year (YoY), while total subscribers...
Earnings season’s not over yet — and the picture on consumer spending is mixed thus far. The payment networks and banks have noted that though consumers still are using their cards, there have been some pullbacks by lower-income households. The Federal Reserve’s latest survey on...
Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross merchandise volume metrics to better-than-expected Q3 earnings results. In what is a continuing referendum on consumer spend this earnings season,...
May 13, 2024
The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars. Pay and Be Paid Pillar Leads the Pack Pillar by pillar performance was mixed. Within the Pay and Be Paid segment, which gained 7.7%, Sezzle surged 65.9%. The company’s massive rally came on the heels of first quarter earnings, which […]
May 10, 2024
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading. Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s...
April 23, 2024
For Walmart, buy now, pay later (BNPL) may offer the means by which the retail giant pushes even further into financial services and toward super app status. And the low-hanging...
February 19, 2024
The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the long President’s Day weekend, the...
April 22, 2024
Travel company Expedia has expanded its partnership with payments network Klarna. The new collaboration, announced Monday (April 22), brings Klarna’s flexible payments offering to travelers in the U.S., following the launch of the company’s installment payments to Expedia customers in the UK, Germany, Finland and Klarna’s home country of Sweden. “By enabling U.S. consumers to Pay Now or Pay […]
March 20, 2024
AffiniPay has announced that its fee lending solution for the legal industry, Pay Later, has processed over $125 million in legal fees since its launch in April 2022. Pay Later,...
February 13, 2024
Healthcare experience platform Weave is introducing payment plans to its payments suite, enabling customers to pay their bills in installments. Payment Plans will allow healthcare businesses to set up and manage recurring...
January 10, 2024
Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers. Affirm will be the exclusive pay-over-time partner of Evolve, which has more than 30,000...
