Your credit report now knows when you buy stuff with the ‘pay later’ option
If you buy a pair of shoes or makeup and choose the option to pay later, it could show up on your credit report. Affirm will begin...
News by FinTech Collective
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Affirm forms BNPL pact with J.P. Morgan payments
With this partnership, Affirm’s solutions become available to merchants on the J.P. Morgan Payments network in the U.S., letting them...
Klarna dethrones Affirm with buy now, pay later at Walmart
“This is a game changer,” said Klarna’s chief executive officer Sebastian Siemiatkowski. The deal gives Klarna access to the big box...
Big banks play catch-up with fintech startups in deferred payments
Big banks are looking to expand into the growing area as regulations that limited deferred payments lending, and the fees that providers...
Klarna to file for $1b+ IPO as soon as next week
The payments business aims to price the IPO in early April, people familiar with the matter said, targeting a valuation of more than...
Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS
Any bank that partners with FIS will be able to provide its own version of the Affirm Card, which launched in 2021, without asking...
Fintech Klarna targets US IPO in April
The listing would come with a valuation of up to $15b, in what would be one of the biggest IPOs this year. Klarna has sought to cut costs...
Amazon to buy Indian BNPL startup Axio for over $150m
The move by Amazon deepens its push into financial services in one of its fastest-growing markets. Axio, formerly known as Capital Float,...
Klarna seeks to offload US ‘pay in 4’ loans
The Swedish BNPL group is in talks about a sale of the loan book, according to people familiar with the matter. Banks including...
JeelPay raises $6.6m in Series A funding
Saudi Arabia based BNPL company raised $6.6m in Series A funding led by Joa Capital.
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Through its “study now, pay later” scheme, JeelPay enables parents to fund upfront their child’s tuition.
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