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Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
September 06, 2024  |  IPO

The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate...

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PayPal-Backed Ume Raises $15 Million to Expand Payment Network
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024  |  Investments

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and...

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Elepay Debuts 180-Day Pay-Later Offering for Property Owners
Elepay Debuts 180-Day Pay-Later Offering for Property Owners
September 03, 2024  |  Loans

Australian lender Elepay has introduced its latest pay-later solution for property owners. The Brisbane-based company’s 180-day offering, announced in a news release Tuesday (Sept. 3), is designed to allow...

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Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
September 03, 2024  |  Buy Now Pay Later

Ad-subsidized payments network Zilch recorded its first profitable month in July. In the same month, Zilch’s revenue run rate exceeded $130 million, according to a...

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WebBank to Serve as Sezzle’s Exclusive Bank
WebBank to Serve as Sezzle’s Exclusive Bank
August 28, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Sezzle plans to have WebBank serve as its exclusive bank to originate and finance products offered through the Sezzle...

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
August 27, 2024  |  IPO

Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s...

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Zip CEO: US Shoppers’ In-Store Card Usage Surges Nearly 150%
Zip CEO: US Shoppers’ In-Store Card Usage Surges Nearly 150%
August 27, 2024  |  Buy Now Pay Later

U.S. retail customers are adopting buy now, pay later (BNPL) options for in-store transactions, according to Zip. On a call with analysts Monday (Aug. 26)...

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Zip Eyes Apple Partnership as BNPL Use Grows
Zip Eyes Apple Partnership as BNPL Use Grows
August 27, 2024  |  BNPL

Australian buy now, pay later (BNPL) firm Zip is reportedly considering a partnership with Apple. That collaboration would integrate Zip’s installment payments offering with Apple...

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