BNPL

Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
May 13, 2024  |  Payment Methods

Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will...

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Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
May 13, 2024  |  Retail

As Shopify’s growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn. Per its earnings report Wednesday (May 8), Shopify...

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Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
May 13, 2024  |  Connected Economy

The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars.  Pay and Be Paid Pillar...

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Sally Beauty: High-Income Consumers Splurge, but Low-Income Shoppers Still Cautious
Sally Beauty: High-Income Consumers Splurge, but Low-Income Shoppers Still Cautious
May 10, 2024  |  Earnings

As middle- and high-income consumers return to treating themselves to nice-to-haves, such as new personal care products and services, Sally Beauty is seeing low-income shoppers continuing to...

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Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
May 10, 2024  |  Buy Now Pay Later

Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their...

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Earnings Deluge Helps Send FinTech IPO Index 4% Higher
Earnings Deluge Helps Send FinTech IPO Index 4% Higher
May 10, 2024  |  Fintech Investments

Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading.  Buy Now, Pay Later Momentum Sezzle...

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CFPB’s Credit Card Late Fee Rule Could Create Buy Now, Pay Later Windfall
CFPB’s Credit Card Late Fee Rule Could Create Buy Now, Pay Later Windfall
May 09, 2024  |  Regulation

The laws of physics dictate that for every action, there is a reaction. As Tuesday (May 14) looms, with a new rule from the Consumer Financial Protection Bureau (CFPB)...

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Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
May 08, 2024  |  BNPL

Earnings season’s not over yet — and the picture on consumer spending is mixed thus far. The payment networks and banks have noted that though...

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Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
May 08, 2024  |  Earnings

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross...

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