Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. That APY...
No respite here. The Connected Economy 100 (CE100) Stock Index was off 3.7% for the week — though its performance was better than the major...
In the past week, three of the biggest gainers in financial stocks have been Chinese FinTechs, boosted by an agreement that gives U.S. authorities access...
At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the...
They may have startled Wall Street investors, but for consumers, merchants and retailers, Affirm’s results are the latest affirmation that the seismic shift towards buy...
FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Banks and...
The Connected Economy 100 (CE100) Index lost 5.4% on the week, far outstripping the 2.2% loss in the Nasdaq and the roughly 1.1% decline in...
With PayPal reporting in early August that buy now, pay later (BNPL) usage surged 226% in the second quarter, it’s a strong indicator that installment...
Today in the connected economy, Walmart sees pluses and minuses as consumers turn to its grocery sales to combat inflation. Plus, BigCommerce deepens its relationship...