Tagged: pay over time

April 10, 2025 @ 5:22 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of internet infrastructure for commerce, announced the acceleration of their expansion plans. Shopify merchants in Canada with early access can now offer Shop Pay Installments, powered by… Read More

April 10, 2025 @ 11:00 am By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly “35,000 signups a month in the US since its launch in January 2024.” Klarna claims that it is now outpacing… Read More

March 28, 2025 @ 1:00 pm By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) is poised to abandon its interpretive rule that would have subjected buy now, pay later (BNPL) “pay-in-four” lenders to the same regulatory framework as traditional credit cards. This decision marks another significant rollback for the agency under its current… Read More

March 25, 2025 @ 4:39 pm By Omar Faridi  |  

Eligible Cash App customers will begin to have access to Afterpay’s pay over time products when shopping online at partner merchant sites. In recognition of this change, Cash App and Afterpay, part of Block, Inc. (NYSE: XYZ), have debuted an evolved brand, Cash App Afterpay,… Read More

March 21, 2025 @ 3:45 pm By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced it is expanding its credit reporting to Experian to include all of Affirm’s pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions… Read More

March 15, 2025 @ 3:58 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) has unveiled its Capital Strategy 2.0—which is described as an evolution of its approach to securing the capital necessary to fuel its growth. Rooted in a Silicon Valley mindset, this latest strategy unveiled by Affirm reportedly aims to forge stronger connections between… Read More

March 11, 2025 @ 11:20 am By Omar Faridi  |  

StockX, a global resale marketplace for current culture products, announced that it has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Eligible StockX shoppers in the U.S. may now access Affirm’s flexible payment plans when purchasing “coveted… Read More

March 10, 2025 @ 11:20 pm By Omar Faridi  |  

The FT recently reported that big banks are racing to keep pace with fintech startups in the rapidly growing arena of deferred payment solutions, such as Buy Now Pay Later (BNPL) services. This shift highlights a broader trend where traditional financial institutions are being challenged… Read More

March 2, 2025 @ 6:25 pm By Omar Faridi  |  

Buy Now Pay Later (BNPL) services saw continued growth in the number of consumers using them, with the highest usage among consumers from Generations Y and Z. This, according to a report from JDPower. According to the J.D. Power 2025 U.S. Buy Now Pay Later… Read More

February 7, 2025 @ 6:02 am By Omar Faridi  |  

Katherine Adkins, Chief Legal Officer at BNPL Fintech firm Affirm (NASDAQ: AFRM) noted that consumer spending is like the engine that drives the American economy, accounting for about 70% of US GDP by most estimates. Katherine Adkins of Affirm also mentioned that if spending is… Read More

December 24, 2024 @ 5:36 pm By Omar Faridi  |  

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. Read More

December 11, 2024 @ 8:12 am By Omar Faridi  |  

Wayne Pommen, Affirm’s (NASDAQ: AFRM) Chief Revenue Officer, noted that the holiday shopping season is here and for retailers, it’s “make-or-break time.” Pommen also mentioned in a blog post by Affirm that despite recent inflation and economic uncertainty, retail spending is expected to “stay strong.”… Read More

November 21, 2024 @ 6:02 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Priceline, a key player focused on online travel, today announced an expanded partnership. Via their collaboration, Affirm is the pay-over-time provider for Priceline’s B2B business, Priceline Partner Solutions. Priceline Partner… Read More

November 1, 2024 @ 7:57 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, unveiled updates to the Affirm app. The “redesigned’ experience shows consumers their real-time purchasing power with Affirm, offers an upgraded search function, and provides access to personalized “payment terms and interest-free… Read More

September 29, 2024 @ 1:03 pm By Omar Faridi  |  

Qist Bazaar, Pakistan’s Buy Now Pay Later (BNPL) fintech startup, announced that it has secured $3.2 million in its Series A funding round. The round was led by Indus Valley Capital, with “participation from Gobi Partners, a prominent Asia-focused venture capital firm with $1.6 billion… Read More

September 13, 2024 @ 8:34 am By Omar Faridi  |  

Kriya, the B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms “to their business buyers through Kriya.” B2B commerce is digitizing rapidly, and business buyers now “expect to purchase… Read More

August 23, 2024 @ 8:28 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Hotels.com. Now, approved guests can book accommodations and pay over time “with Affirm, helping more people book the trip of their dreams.” This builds on Affirm… Read More

June 7, 2024 @ 11:47 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range… Read More

March 3, 2024 @ 6:13 pm By Omar Faridi  |  

Although the rapid rise of Buy Now Pay Later (BNPL) services has been accompanied by a growing chorus of concern about runaway consumer debt, the customers who are using these services are growing “increasingly satisfied with their experiences.” According to the J.D. Power 2024 U.S…. Read More

December 26, 2023 @ 11:13 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced it has expanded its services with Walmart in order to “bring Affirm’s transparent and flexible pay-over-time options to self-checkout kiosks at over 4,500 Walmart stores in the United States.”… Read More