Square sellers in the UK can now offer Clearpay online and in-store—building on the Afterpay rollout in the US and Australia.
Mercado Coin can be used for Mercado Libre purchases. Combining its ecommerce platform and financial products takes the company a step closer to super app status.
The FCA warned BNPL firms over “misleading adverts” and threatened breachers with criminal action.
On today's episode, we discuss what recent funding and valuation drops mean for fintechs, which categories are getting hit the hardest, and what fintechs should do now. "In Other News," we talk about the significance of the recent Coinbase-BlackRock partnership and how the Consumer Financial Protection Bureau plans to level the playing field between banks and nonbanks. Tune in to the discussion with our analysts Eleni Digalaki and Tiffani Montez.
The case raises the question of how firms could ignore the pervasiveness of diversity and inclusion. And it also exacerbates bankings’ communication tool problem.
Hot inflation and a tougher climate for startups is giving BNPL firms a new opportunity with new risks.
Six years after Goldman launched its digital bank Marcus, we review how it’s faring and what its future could look like.
AtoB, Super Payments, and Pomelo each recently raised funding to build out their businesses.
Though they don’t explicitly name crypto firms, they provide an avenue—but no guarantee—for access.
Affirm and Splitit struck partnerships to shore up growth as market uncertainty takes a toll on the BNPL sector.
For years, small banks have handled deposits for large crypto firms. Their experience offers lessons to big banks that now want in.
Max Levchin said the company’s underwriting process and business model would help it withstand a financial downturn.
US banking digital ad spend will hit $13.54 billion in 2022, up 20.4% year over year. Growth was even faster in 2021, when banks anticipated an upswing in consumer spend. In the coming years, growth will decelerate but remain in the double digits.
This matchup, along with Western Union’s recent deals, brings new financial opportunities in places they’ve never been before.