CB Insights

FEBRUARY 25, 2022

Scalapay , a buy now, pay later (BNPL) company, has raised $497M in a Series B. Italy-based Scalapay offers a BNPL platform that enables shoppers to pay for goods in installments. Italy-based Scalapay offers a BNPL platform that enables shoppers to pay for goods in installments. appeared first on CB Insights Research.

BNPL 63

BNPL Volume Participant Research 63

FICO

FEBRUARY 7, 2023

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. BNPL in Credit Reports: How Could This Data Impact FICO Scores?

BNPL 52

BNPL Posting Underwriting Credit Risk 52

CB Insights

MAY 31, 2023

Leading into 2022, numerous fintech unicorns operating in areas like payment acceptance and BNPL saw their funding, employee headcount, and valuations skyrocket. Among these , BNPL provider Klarna and payments processor Stripe reached valuations of $45.6B and $95B, respectively, in 2021. Become a CB Insights customer.

BNPL 68

BNPL Processors Payments Research 68

CB Insights

NOVEMBER 9, 2021

As of September 2021, the company had generated $53.6M Klarna: Sweden-based Klarna is a payment solutions provider that offers buy now, pay later (BNPL) plans. The post Klarna Acquires PriceRunner, A Shopping Price Comparison Service, As It Pushes Further Into BNPL appeared first on CB Insights Research.

BNPL 56

BNPL Acquirers Adjustments Payment Solutions 56

PYMNTS

DECEMBER 31, 2020

BNPL and the Channel-Agnostic Approach. Buy now, pay later (BNPL) solutions have recently experienced rapid growth, with Black Friday and Cyber Monday data revealing that the trend has continued through the holiday season. PYMNTS research also indicates that BNPL is quickly becoming the preferred payment method for more consumers.

BNPL 67

BNPL Adjustments Consumer Assessments 67

CB Insights

MARCH 15, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. The post Indian BNPL provider MoneyView reaches a $625M valuation. appeared first on CB Insights Research. Download the report to learn more.</p> js”></script> <script> hbspt.forms.create({. hbspt.forms.create({.

BNPL 63

BNPL FinTech Participant Research 63

CB Insights

APRIL 18, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. The post Slope, an API developer enabling retailers to offer BNPL services, raises $24M from Union Square Ventures. appeared first on CB Insights Research. Download the report to learn more.</p> onFormReady: function ($form) {.

BNPL 56

BNPL API FinTech Participant 56

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. BNPL Fraud — When "Buy Now, Pay Later" Backfires. Darryl Knopp wrote: For banks with their own BNPL offering, a multi-layered approach to risk management and fraud protection is critical.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

CB Insights

JUNE 30, 2021

Buy now, pay later (BNPL) companies — which offer online and in-store financing options at the point of sale — are emerging across the globe and gaining momentum with investors. So far in 2021, BNPL players have already set an annual funding record with over $2.1B in equity funding across 20 deals.

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BNPL Research Posting Finance 58

The Paypers

JUNE 14, 2021

A new study from Juniper Research has found that spending via Buy Now, Pay Later services will reach USD 995 billion in 2026, from USD 266 billion in 2021.

BNPL 41

BNPL Research 41

PYMNTS

JANUARY 27, 2021

These shoppers are taking a fresh look at when credit cards, debit cards and buy now, pay later (BNPL) options best serve their needs and circumstances, leading to new payment tool trends among both those who are and are not financially secure. . Exploring BNPL As A Rising Financial Tool . Looking Beyond Credit Cards.

Payments Tools 52

Payments Tools BNPL Consumer Credit Cards 52

CB Insights

MARCH 2, 2021

As online shopping surges amid the pandemic, “buy now, pay later” (BNPL) companies have dominated headlines — attracting online, money-conscious shoppers with seamless delayed payment alternatives that bypass the usual fees. Download our full report to find out the top trends poised to reshape industries in 2021.

BNPL 62

BNPL Volume On-Demand Payments 62

FICO

JUNE 20, 2022

Key findings from FICO research on consumer credit files with recently opened Buy Now, Pay Later loans. Tue, 03/23/2021 - 22:16. market: BNPL reporting approach: How a BNPL lender reports these accounts to a credit bureau can materially influence the impact these loans ultimately have on the FICO® Score.

BNPL 52

BNPL Accounts Financial Inclusion Consumer 52

The Fintech Times

FEBRUARY 28, 2024

Against this backdrop of rapidly declining availability of regulated credit to sub-prime customers, unregulated lending has risen, including buy now, pay later ( BNPL ) and in some instances, illegal money lending. “This research highlights that more must be done to help those who need to access credit.

Risk 57

Risk BNPL Non-Bank Regulations 57

CB Insights

SEPTEMBER 20, 2021

GreenSky: Georgia-based GreenSky is a fintech company that provides buy now, pay later (BNPL) solutions to merchants, enabling them to expand payment options for their customers and increase sales. As of August 2021, the company had 40,500 employees, and it also maintains offices in North America, Europe, UAE, Australia, Africa, and Asia.

Acquirers 67

Acquirers BNPL Volume Posting 67

PYMNTS

JANUARY 25, 2021

Consumer awareness of buy now, pay later (BNPL) options is increasingly rising as an alternative option. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments. Interest in BNPL is not limited to the U.S.

BNPL 74

BNPL Consumer Credit Cards Payments 74

The Fintech Times

APRIL 10, 2024

Research from CB Insights , the business analytics platform, has revealed that global fintech funding in Q1’24 shows worrying trends for the rest of the year. The research published indicates that since 2021, fintech funding has dropped considerably. 2023 saw another drop with only 3,973 deals and $40.5billion in funding.

FinTech 113

FinTech Consulting Due Diligence AI 113

Fintech News

JANUARY 21, 2024

The MoR model not only addresses these challenges but also opens up new opportunities for suppliers, allowing agencies to offer consumers new payment options such as installment methods and buy now, pay later (BNPL) arrangements. decrease over the same period, research conducted by GlobalData show.

FinTech 95

FinTech Payments Visa B2B 95

FICO

FEBRUARY 10, 2023

NicholetteLarsen@fico.com Tue, 03/23/2021 - 22:16 by Tommy Lee Senior Director, Analytics and Scores expand_less Back To Top Fri, 02/10/2023 - 16:00 At the start of the pandemic, unemployment spiked and the CARES Act was passed to support those in financial need to pay their bills, including mortgage and auto loans. Mr. Lee holds a B.S.

Consumer 52

Consumer Payments Correspondent BNPL 52

CB Insights

APRIL 22, 2021

Meanwhile, Apple is leaning on its sticky products and loyal customer base to offer consumer lending products like “buy now, pay later” (BNPL) options and credit cards. Our full report will be available in April 2021. FREE DOWNLOAD: STATE OF FINTECH q1’21 preview. First name. Company Name. Job Title.

Push-to-Card 36

Push-to-Card BNPL Credit Cards Small Business 36

FICO

AUGUST 19, 2022

billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Buy now, pay later (BNPL) has exploded in popularity over the last few years. This makes BNPL a dangerous competitor to banks’ payment and unsecured lending products. by Darryl Knopp.

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

Fintech News

MAY 19, 2024

Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to contribute over 40% of banking revenue by 2030.

Rules 79

Rules Non-Bank Audit Central Bank 79

Fintech News

DECEMBER 17, 2023

Akulaku, which has a presence in China, Indonesia, the Philippines and Malaysia, claimed 26 million users in 2021, representing a 242% annual growth rate. Ajaib joined the unicorn club in October 2021 after a US$153 million Series B fundraise. Despite business growth, Akulaku has faced some regulatory setbacks this year.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends 111

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 111

Fintech Finance

JULY 23, 2024

Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. They are the most used payment method amongst UK consumers across all age groups.

Contactless Payments 95

Contactless Payments Online and Mobile Banking Debit Card Payments 95

PYMNTS

JANUARY 15, 2021

Hot Affirm IPO Points To Rising Competition And Demand In BNPL Segment. Treasurers will be taking important lessons from 2020 into 2021 as they continue on their modernization path. Digital game platform operator Roblox plans to go public on the New York Stock Exchange next month by a direct listing. Trackers And Reports.

Digital Currency 58

Digital Currency Privacy On-Demand Underserved 58

FICO

JANUARY 18, 2023

There is also unease around BNPL as a competitive offering to traditional credit markets, its impact on consumers and the ability to successfully spot over-indebtedness. In November 2021 there were 134 active initiatives listed. in the year to Oct 2021 (The Money Charity, Dec 2021). Professionalize Data Research.

Posting 52

Posting Returns Addressing Origination 52

FICO

NOVEMBER 3, 2022

Research by FICO shows that customers who entered collections exclusively as a consequence of the economic downturn, before going through the full debt recovery cycle, had a dramatically different return to financial good (RtFG) of nine months, compared to the 2.5 Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022.

Volume 52

Volume BNPL Agreements Risk 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion and 130% YoY growth in revenue.

FinTech 117

FinTech Online and Mobile Banking Multi-Currency Non-Bank 117

CB Insights

JANUARY 17, 2023

Affirm is one of the world’s leading buy now, pay later (BNPL) companies. Founded in 2012, the company went public in January 2021 at a $12B valuation. And its made strategic relationships, including the December 2020 acquisition of Canada-based BNPL provider PayBright , to expand beyond the US into Canada.

BNPL 41

BNPL Research Posting 41

FICO

JANUARY 11, 2023

It’s been a fixture in my talks about model development for years, and in June 2021 I wrote about the Highlander Principle in a blog about the importance of Auditable AI.”. What is the company’s philosophy around AI research? . There can be only one!" as Sean Connery and Christopher Lambert know.

AI 52

AI Posting Audit Governance 52

Finovate

DECEMBER 13, 2023

According to research from Lafferty, the international Buy Now, Pay Later market will top $532 billion in 2024. the Consumer Financial Protection Bureau (CFPB) has been studying the BNPL industry since at least late 2021. At this point, much of the CFPB’s impact on BNPL has been minimal. The only question was when.

Regulations 64

Regulations BNPL Consumer Financial Protection Bureau (CFPB) FinTech 64

PYMNTS

DECEMBER 11, 2020

Sugden remains bullish on 2021 prospects for the world of FinTech and commerce, as he believes there’s a rare amount of alignment in terms of what everyone wants to come next. According to new PYMNTS research on millennials’ online credit usage, something notable is shifting in the habits of younger consumers, particularly bridge millennials.

FTC 75

FTC BNPL Payments Federal Trade Commission 75