The BNPL Revolution Expands Into Credit Cards
The narrative surrounding Buy Now, Pay Later (BNPL) might have been misinterpreted from the outset. Insights from the latest Pay Later Ecosystem report by PYMNTS Intelligence indicate that credit card companies are already absorbing much of the competitive effects stemming from pay later services. While FinTech startups have aimed to create BNPL options that liberate […]
Affirm Stock Rises After BNPL Company’s Fiscal Q4 Results Exceed Expectations
Affirm Reports Impressive Fourth Quarter Growth Affirm recently announced a remarkable increase in its gross product volume, which surged by 43% in the fourth quarter. This rise has drawn attention and even led to better-than-expected quarterly profits. Total product volume, often referred to as Gross Merchandise Value (GMV), hit $10.4 billion in the fourth quarter. […]
Block Advances Payments into Bitcoin, Banking, and BNPL
Block, the parent company of Square and Cash App, is envisioning a future for money that diverges from its historical ways. During a discussion on August 7, the executive team highlighted that fintech aspirations extend beyond mere payment processing. The aim is to create a comprehensive platform where individuals can manage their financial activities seamlessly, […]