Fintech News

SEPTEMBER 4, 2024

Amazon Pay Later offers several benefits, including an instant decision on the credit limit, no processing or cancellation fees, and no charges for early repayment. Additionally, users can easily monitor their spending, repayments, and credit limit through a dedicated dashboard. Users must also be at least 21 years old.

BNPL 104

BNPL Online and Mobile Banking Credit Limit Credit Cards 104

PYMNTS

NOVEMBER 2, 2018

In China , X Financial specializes in helping underserved prime borrowers and mass affluent investors by matching those borrowers with investors willing to loan them money. That means the big opportunity for X Financial comes from the 400 million or so Chinese consumers who have credit cards, but are hampered by limits that are too low.

P2P 53

P2P Credit Cards Underserved Credit Limit 53

PYMNTS

SEPTEMBER 20, 2018

Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives. The opportunity is also gigantic, Cheng told Webster, given that the country has some 800 million working adults, with less than half of them in possession of a credit card.

P2P 66

P2P Credit Cards Online and Mobile Banking Credit Limit 66

The Fintech Times

OCTOBER 30, 2024

Time to rethink access barriers Ivo Gueorguiev, co-founder of Paynetics “HSBC’s recent move to accept overseas credit histories for UK mortgages is a strong start, but real financial inclusivity needs broader, tech-driven solutions,” explains Ivo Gueorguiev , co-founder at payment service provider Paynetics.

Financial Inclusion 59

Financial Inclusion Embedded Finance Non-Bank Consumer 59

PYMNTS

APRIL 4, 2018

The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that it leaves around half of all Americans with only a few options: a credit card with expensive strings or no credit at all. Petal wants to change the math on how consumers gain access to credit – and turn the tables on how creditworthiness is assessed.

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Credit Cards Underwriting Product Regulations 53

Fintech News

FEBRUARY 10, 2025

GXS Bank, the Best Digital Bank for Freelancers and Small Businesses GXS Bank focuses on the underserved segments, offering tailored banking solutions. GXS Bank is able to leverage data derived from within its ecosystem to power its credit assessment model, which is particularly useful for fresh or small businesses without a credit history.

Multi-Currency 113

Multi-Currency Online and Mobile Banking Credit Cards Finance 113