installments

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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Klarna Reportedly Looking for $20B From Planned IPO
Klarna Reportedly Looking for $20B From Planned IPO
August 15, 2024  |  IPO

Klarna is reportedly ready to tap Goldman Sachs to help it go public next year. The Swedish buy now, pay later (BNPL) company is in...

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HPS/PayMedix Acquires TempoPay, Widening Access to Healthcare Financing
HPS/PayMedix Acquires TempoPay, Widening Access to Healthcare Financing
August 06, 2024  |  Acquisitions

HPS/PayMedix acquired healthcare financing platform TempoPay. The acquisition aims to offer a healthcare financing and payments solution that addresses health equity, affordability and the need...

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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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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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CFPB’s Spotlight on Medical Payment Products Threatens Chilling Effect on Healthcare Access
CFPB’s Spotlight on Medical Payment Products Threatens Chilling Effect on Healthcare Access
July 03, 2024  |  Healthcare

The Consumer Financial Protection Bureau (CFPB) is sharpening its focus on healthcare payments, and the result may be that at least for some consumers who...

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Synchrony: Personalized Financing Strategy Boosts Big-Ticket Commerce
Synchrony: Personalized Financing Strategy Boosts Big-Ticket Commerce
July 01, 2024  |  Retail

Macroeconomic uncertainty over inflation and interest rates is affecting big-ticket items and leading to shifts among consumers. More homeowners — who have opted not to...

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Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner...

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Consumers Embrace BNPL for Groceries Amid Rising Food Costs
Consumers Embrace BNPL for Groceries Amid Rising Food Costs
June 12, 2024  |  Buy Now Pay Later

Around the world, grocers are exploring buy now, pay later (BNPL) capabilities to offer installment options to consumers struggling with inflation. In the United Kingdom,...

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