Inside Look: The meteoric rise of point-of-sale lending in the U.S.
Almost a century ago, when the U.S. economy began to show signs of recovery after the initial shockwaves of the ...
Tag: Affirm
Marqeta eyes credit products on the heels of $150M funding
Fresh off a $150 million funding round announced Thursday, Marqeta is developing a credit card product. The Oakland, Calif.-based startup ...
Splitit partners with Visa for installment payments
Splitit, a payments company that divides purchases into installments on customers’ existing cards, announced a partnership with Visa last week. ...
US is now Afterpay’s largest customer market
Afterpay’s efforts to embed itself in the U.S. retail ecosystem are showing results. The point-of-sale lender announced this week it ...
Installment payment platform Splitit partners with Stripe to attract merchant clients
The race to reach consumers at checkout continues to intensify. Installment payment platform Splitit recently integrated with the payments infrastructure ...
Digital lending gold rush to continue through 2023, research suggests
Digital lenders will continue to pursue product diversification strategies as companies expand market share in the coming years, research from ...
Point-of-sale financing an untapped opportunity for banks
Banks need to embrace new customer acquisition models or risk falling behind, a recent Accenture report argued. The report, titled ...
Affirm rolls out virtual card for checkout loans
The point-of-sale loan is evolving to a digital card that feels like a credit card but isn't nearly as tough ...
Cross River CEO: ‘High-profile fintech folks’ interested in its real-time payments rollout
Cross River Bank, the partner bank for large fintech startups like Stripe and Affirm, is using The Clearing House’s real-time ...
Bolstered by $460m, Klarna to ramp up investment strategy beyond the US
Klarna, flush with $460 million of new equity funding, is planning to conquer New Zealand and Australia, not just the ...
