alternative credit

Petal Raises $140M Series D Toward Credit Building for the Underserved
Petal Raises $140M Series D Toward Credit Building for the Underserved
January 05, 2022  |  Investments

Credit card company Petal, which was created to help people build credit and spend frugally, has raised $140 million in a Series D round led...

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Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
December 21, 2021  |  Buy Now Pay Later

Roughly one-quarter of Americans making anywhere from $50,000 to more than $100,000 per year have found themselves cut off from traditional credit due to past...

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Cashplus Bank Teams with Equifax to Launch UK Business Creditbuilder
Cashplus Bank Teams with Equifax to Launch UK Business Creditbuilder
December 20, 2021  |  SMBs

U.K. FinTech for businesses Cashplus Bank is rolling out a Business Creditbuilder tool in partnership with Equifax to help small- to medium-sized businesses (SMBs) increase...

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Equifax to Include BNPL Plans in Credit Reports
Equifax to Include BNPL Plans in Credit Reports
December 19, 2021  |  Buy Now Pay Later

Credit reporting agency Equifax is putting a plan in place next year to add buy now, pay later (BNPL) plans to credit reports, which hasn’t...

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Why Even Financially Worry-Free Consumers Use Buy Now, Pay Later
Why Even Financially Worry-Free Consumers Use Buy Now, Pay Later
December 13, 2021  |  BNPL

Financially worry-free consumers — or those with good credit or access to credit — are interested in alternatives to traditional credit card options. They may...

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Pan-African Asset Financing Model Changes Lender, Consumer Economics of Pay-as-You-Go Plans
Pan-African Asset Financing Model Changes Lender, Consumer Economics of Pay-as-You-Go Plans
November 24, 2021  |  Alternative Credit

It might be difficult to imagine living on less than $6 a day, but that’s the reality of 85% of the population in Saharan Africa....

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Aplazo Raises $27M in Series A Funding for Mexico BNPL Growth 
Aplazo Raises $27M in Series A Funding for Mexico BNPL Growth 
November 16, 2021  |  Investments

Mexican omnichannel buy now, pay later (BNPL) platform Aplazo on Tuesday (Nov. 16) announced it’s raked in $27 million in Series A funding, four months...

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Visa Backs Credit-Card-As-A-Service Startup Deserve
Visa Backs Credit-Card-As-A-Service Startup Deserve
October 27, 2021  |  Investments

Credit-card-as-a-service company Deserve got a fresh infusion of capital from strategic investor Visa, joining other brand name backers like Mission Holdings, Mastercard, Ally Ventures, Goldman...

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Sezzle, TransUnion Focus on User Repayment History 
Sezzle, TransUnion Focus on User Repayment History 
October 14, 2021  |  Alternative Credit

Buy now, pay later (BNPL) platform Sezzle announced Thursday (Oct. 14) it’s broadening its partnership with credit bureau TransUnion to let users establish and build...

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