BNPL

ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
March 04, 2024  |  Consumer Insights

Consumers are now saving less money for the proverbial rainy day than they were a year ago. The personal savings rate in January was 3.8%, which was...

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Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
March 03, 2024  |  Retail

Among consumers who pay in installments, PYMNTS Intelligence finds, young shoppers are disproportionately ready to use these options to pay for their groceries. By the...

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Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
March 01, 2024  |  Economy

Recent economic data from this week give ammunition to the argument that paying for groceries over time will be a long-standing trend. As noted in...

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Klarna IPO, Narrow Losses Hint at Brighter BNPL Industry Outlook
Klarna IPO, Narrow Losses Hint at Brighter BNPL Industry Outlook
February 29, 2024  |  BNPL

The booming popularity of buy now, pay later (BNPL) is being reinforced by news Tuesday (Feb. 27) that Klarna — a buy now, pay later powerhouse...

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Who Uses Credit to Buy Groceries? The Answer Might Surprise You
Who Uses Credit to Buy Groceries? The Answer Might Surprise You
February 29, 2024  |  Buy Now Pay Later

A couple of weeks ago, more than 123 million people tuned in to watch the Super Bowl. Analysts say that it was the most watched...

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Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
February 28, 2024  |  Earnings

Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that...

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Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
February 28, 2024  |  BNPL

Klarna’s annual report shows the Swedish FinTech’s revenues rising and losses narrowing during 2023. The report, released Wednesday (Feb. 28), comes as the buy now, pay later...

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Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
February 27, 2024  |  IPO

Klarna, the Swedish FinTech company once crowned as Europe’s most valuable startup, is reportedly in discussions with banks for a potential U.S. initial public offering...

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