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Tekmetric and Affirm Enable Auto Repair Payments in Installments
Tekmetric and Affirm Enable Auto Repair Payments in Installments
August 13, 2024  |  Partnerships

Tekmetric has partnered with Affirm to enable auto repair shops to offer their customers the ability to pay over time. With this partnership, Affirm’s payment...

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Subscriptions and Gamification Drive Sezzle Q2 Revenue
Subscriptions and Gamification Drive Sezzle Q2 Revenue
August 07, 2024  |  Earnings

If Sezzle’s Q2 revenue guidance is any indication, BNPL is going to have a huge year when the dust settles on 2024. The company posted...

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Marqeta Processing Volumes Surge 32%
Marqeta Processing Volumes Surge 32%
August 07, 2024  |  Earnings

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted...

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Banks Eye BNPL as Way to Reach Gen Z
Banks Eye BNPL as Way to Reach Gen Z
August 07, 2024  |  Buy Now Pay Later

As the financial landscape continues to evolve, traditional banks face an increasing challenge from digital-native FinTechs. The recent surge in buy now, pay later (BNPL)...

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Report: Klarna Gauging Investor Interest in Secondary Share Sale
Report: Klarna Gauging Investor Interest in Secondary Share Sale
August 06, 2024  |  IPO

Klarna is reportedly gauging investors’ interest in buying up the company’s existing shares on the secondary market. The Sweden-based FinTech is doing so as it...

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Standards May Pose a Challenge as Regulators Seek Data Interoperability
Standards May Pose a Challenge as Regulators Seek Data Interoperability
August 06, 2024  |  Regulation

Thousands of data fields, thousands of financial firms, nine regulatory agencies … the push toward a common thread of communications across financial services would be,...

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CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
August 05, 2024  |  Partnerships

CredibleX and Fracxn partnered to provide small- to medium-sized businesses (SMBs) with access to a variety of financing solutions. With this collaboration, Fracxn’s instant financing...

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New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
August 05, 2024  |  Consumer Payments

Consumers are interested in options that help them manage their finances better. Many are turning to pay later plans for this reason. Installment plans linked...

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Paycheck-to-Paycheck Consumers More Than Twice as Likely to Use BNPL
Paycheck-to-Paycheck Consumers More Than Twice as Likely to Use BNPL
August 02, 2024  |  Buy Now Pay Later

As shoppers look for financial tools to help them manage their budgets, those who are struggling to make ends meet are more likely to adopt...

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