Bnpl/page/21 news and trends

Spending Management Is Top of Mind for ‘Zillennial’ Shoppers
Consumer Insights // May 28, 2024

For zillennials — the bridge generation between millennials and Generation Z, born between 1991 and 1999 — budgeting is a key priority when making decisions about where and how to shop. “Generation Zillennial,” a PYMNTS Intelligence special report, draws on a survey of more than...

Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
Investments // May 27, 2024

Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later (BNPL) for their insurance premiums. The company’s new subsidiary, FinShore, provides a fully embedded BNPL...

BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
Fintech Investments // May 24, 2024

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer Financial Protection Bureau (CFPB) weighed in with new oversight over providers. The CFPB Weighs In  As PYMNTS reported Wednesday (May 22),...

Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options
Buy Now Pay Later // May 23, 2024

As consumers look for ways to manage their spending, in-store shoppers are unlikely to have the option to pay using buy now, pay later (BNPL), even as the payment method catches on digitally. By the Numbers The PYMNTS Intelligence report “Divided, Not Conquered: Acquirer and Merchant Confusion...

Interviews & Exclusives
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%

May 24, 2024
The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer Financial Protection Bureau (CFPB) weighed in with new oversight over providers. The CFPB Weighs In  As PYMNTS reported Wednesday (May 22), The CFPB ruled that BNPL vendors are credit card providers […]

Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options

May 23, 2024
As consumers look for ways to manage their spending, in-store shoppers are unlikely to have the option to pay using buy now, pay later (BNPL), even as the payment method catches on...

Why Gen Z Shops Merchants That Offer Pay Later Plans

May 16, 2024
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL)...

Sezzle’s Surge Leads 1.7% Gain for CE 100 Index

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...

Quick Reads
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1

May 30, 2024
Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by its deployment of artificial intelligence (AI) tools. The company saw a 29% increase in total revenue in the first quarter, up from the 13% rise it saw in the same […]

Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada

May 27, 2024
Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later...

CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards

May 22, 2024
The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some key legal protections and rights...

Sabre and Uplift Partner to Enable Hotels to Offer BNPL

May 21, 2024
Sabre Hospitality and Uplift have partnered to enable hotels to offer their guests a buy now, pay later (BNPL) option. With this collaboration, Uplift’s pay-monthly option will be integrated into Sabre’s SynXis...