Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast...
Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued...
As inflation persists, so does sticker shock. For merchants seeking to close the sale, financing offered at the point of sale — before the purchase...
Retailers around the world are seeing their investments in embedded finance offerings boost their revenue. By integrating financial services directly into the shopping experience —...
The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. And against a backdrop where smaller firms are...
Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. The company’s “Stripe for credit” solution automates...
Versatile Credit has partnered with Acima Leasing to offer merchants access to Acima’s lease-to-own (LTO) prequalification feature. This partnership will help merchants optimize their financing and leasing programs,...
Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating...
Buy now, pay later (BNPL) firm Afterpay is launching a new monthly payment option that aims to give consumers greater payment flexibility and responsible spending...