Remove BNPL Remove Finance Remove Financial Literacy
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Uzum Partners With Mastercard to Boost Financial Literacy in Uzbekistan

Fintech Finance

Uzum , the leading fintech and e-commerce ecosystem in Uzbekistan, has partnered with Mastercard on an education project to improve financial literacy in Central Asia’s most populous country. Our goal is to provide people with reliable tools to protect their finances.

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Gen Z Will Reach Record-High Usage of Buy Now, Pay Later (BNPL) Services This December, According to New Report

Fintech Finance

An anonymous data analysis of US social finance app Frich s community of 700k+ Gen Zers reveals that the second week of December sees the highest use of buy now, pay later services such as Klarna. Since launching in 2021, Frich has raised $2.8M from notable investors including Antler , Restive Ventures and TruStage.

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Uzum Launches New Education Initiative With Mastercard to Improve Financial Literacy in Uzbekistan

The Fintech Times

Uzum , the fintech and e-commerce ecosystem in Uzbekistan, is joining forces with payments giant Mastercard to launch a new education project to improve financial literacy across the country. “Our goal is to provide people with reliable tools to protect their finances. per cent in 2022. .

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BNPL Could Reach 670 Million Users by 2028: Will Any Firms Still be Around to Prosper?

The Fintech Times

Another buy now pay later (BNPL) firm has decided to call it a day as Laybuy has put itself up for sale. There have been various reports about the struggles of BNPL firms as regulations tighten, so we reached out to the industry to uncover what is needed for firms to survive. Laybuy is not the first BNPL whose value has taken a dive.

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Majority of UAE Residents Confident in Finances, Visa Finds Knowledge Gaps

The Fintech Times

Most consumers in the UAE are confident in managing their finances, although gaps in financial knowledge persist, according to Visa ‘s 2024 Financial Literacy Survey. However, despite this confidence, many consumers still lack a full understanding of critical financial concepts.

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Gen Z, BNPL, and the fine line between financial freedom and pitfalls

Tearsheet

The past five years have witnessed significant shifts: Covid-19, the rapid rise of Buy Now, Pay Later (BNPL) services, and a social media boom that has made the YOLO mindset more relatable for the younger generation. I think that BNPL pounces on the YOLO mentality for younger consumers,” says Britton.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

For example, buy now, pay later (BNPL) transactions surged 113% in 2023, reaching US$2.34 The National Financial Inclusion Strategy, launched by the SBV in 2020, aims to increase the proportion of adults with access to formal financial services to 80% by 2025, expand the usage of digital financial services and promote financial literacy.