Apple to discontinue 'buy now, pay later' service in US as it plans new loan programmeUsers will be able to access installment loans offered through credit, debit cards and lenders when checking out with Apple Pay, starting l...
18 Jun, 2024, 08.25 AM IST
Worldpay to focus on large cross-border payments in IndiaIn 2019, UK-based Worldpay was acquired by FIS of the US at an enterprise value of $45 billion. FIS is reportedly now looking to spin World...
03 May, 2023, 06.00 AM IST
Britain sets out legislation to regulate buy-now-pay-later creditBNPL companies are largely unregulated and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods...
14 Feb, 2023, 01.31 PM IST
Ahead of ban order, RBI gave a list of apps working with NBFCs to govtEarlier this week, the Ministry of Electronics and Information Technology banned 94 loan apps, which included entities not connected to Chi...
08 Feb, 2023, 03.38 PM IST
Snapmint raises $21 million in mix of equity, debt fundBuy-now-pay-later focussed firm Snapmint intends to deploy the funds to expand its merchant network both online and offline to power the pu...
17 Oct, 2022, 05.55 PM IST
Savings firm Tortoise hires Nikhil Joy as cofounderFounded in 2021 by Vardhan Koshal and Surya Harsha Nunnaguppala, Tortoise is a fintech app that encourages saving up for large purchases. T...
16 Aug, 2022, 06.07 PM IST
- Can Apple buy now?
Apple's Project Breakout finally broke out on June 6, 2022, at its Worldwide Developers Conference, where the iPhone maker confirmed what w...
12 Jul, 2022, 11.25 PM IST
MakeMyTrip ties up with banks, NBFCs, fintech players for 'book now pay later' optionThe option has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app.
19 May, 2022, 01.33 PM IST
BNPL to contribute 14% of e-commerce transaction value by 2026: Benori KnowledgeBuy Now, Pay Later or BNPL will comprise 14% of the transaction value for e-commerce companies by 2026, growing nearly 5x from 3% of such t...
24 Mar, 2022, 10.13 AM IST
Banks now going the BNPL way to expand credit baseSeveral large-sized banks are approaching new-age 'buy-now pay-later' or BNPL fintech firms to expand their credit base. This change in sta...
14 Jan, 2022, 07.00 AM IST
SBI credit card to charge a fee of Rs 99 + tax on all EMI purchases from Dec 1This processing fee is over and above the interest amount the card provider charges. Sometimes merchants give discounts on such transaction...
01 Dec, 2021, 09.45 AM IST
Buy now, pay later set to surge over ten-fold in IndiaRedseer estimates India's BNPL market will rocket to $45-50 billion by 2026 from $3-3.5 billion now. The research firm also estimates that ...
08 Nov, 2021, 04.57 PM IST
5 things to know about buy now, pay later schemesThe ability to defer payment without any interest and dice it into smaller pieces sounds very appealing, making the BNPL payment scheme the...
25 Oct, 2021, 06.30 AM IST
Buy now, pay later or party now, worry later: Decoding the latest finance fadDeveloped to cater to the underserved and unserved section of the population and the new generation that’s geared towards instant gratifica...
11 Oct, 2021, 12.01 PM IST
Capital Float raises $50 million from Lightrock India, othersCapital Float cofounder Sashank Rishyasringa said that the newly infused capital will help the firm shore up its risk stack and also help i...
28 Sep, 2021, 10.06 AM IST
Razorpay, Capital Float in partnership for 'buy now pay later' solutionsThrough the partnership with Razorpay, Capital Float aims to take its 'buy now, pay later' (BNPL) solution—Walnut 369—to over one lakh part...
19 Aug, 2021, 06.35 PM IST
Buy Now Pay Later is the flavour of festive season for top Internet firmsFintech companies too are discovering the potential of this nascent yet fast growing segment in India
10 Aug, 2021, 06.00 AM IST