As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today […]
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Back to news homeSoutheast Asian credit fintech Kredivo scores $270M Series D
The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and […]
Varo’s bank charter milestone, more corporate cards and BNPL under a microscope
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our […]
CFPB signals that regulation is coming for BNPL
In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna […]
Fairbanc provides BNPL for micro-merchants in Indonesia
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in […]
Klarna’s potential valuation cut to $15B appears sufficiently steep
The Wall Street Journal recently reported that Klarna, a European buy-now-pay-later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a […]
Affirm and Klarna ramp up competing efforts to attract US consumers
Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here […]
Affirm’s CTO talks transparency and the tech that makes BNPL possible
BNPL is not a new concept; it’s just taken off in recent years and become far more mainstream. Buy now, pay later lets people do exactly what its name suggests […]
Fraud as a service: Scammers are using encrypted messaging to undercut BNPL revenue
Brittany Allen Contributor As Sift’s Trust and Safety Architect, Brittany Allen has more than a decade of experience combating e-commerce marketplace fraud at companies such as Etsy, Airbnb, 1stDibs and […]
Klarna shows that BNPL growth is not cheap
The tech world has been a touch busy in the last few days, so you will forgive me for missing that Klarna dropped its 2021 financial results last week. We’re remedying […]