US holiday spending on buy now, pay later to hit record due to debt-laden shoppersU.S. shoppers are projected to spend a record $18.5 billion using buy now, pay later services for holiday purchases in the last quarter of ...
25 Sep, 2024, 05.53 PM IST
ZestMoney saga highlights drying NBFC credit flowPayU and Goldman Sachs-backed ZestMoney shut down operations, while Paytm decided to scale down its BNPL product Paytm Postpaid. Large NBFC...
07 Dec, 2023, 10.35 AM IST
What kind of a loan are you availing for festive shopping?"The demand for personal loans and short-term loans will peak during the festival season, especially around Diwali. Credit demand is curren...
03 Oct, 2023, 04.01 PM IST
Navigating the future of fintech: Exploring the buy now pay laterRapid growth in the UAE and India is attributed to digitization, ecommerce expansion, and appeal to the younger generation.
18 Sep, 2023, 10.00 AM IST
ETtech Exclusive: PhonePe may waive off ZestMoney’s $18 million debt after failed acquisitionThe Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...
26 Apr, 2023, 08.07 AM IST
Why PhonePe-ZestMoney deal fell through; top leadership changes at Swiggy InstamartPhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple peop...
31 Mar, 2023, 01.32 PM IST
Scoop: PhonePe may buy BNPL startup ZestMoney in big consolidation moveThis comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...
25 Nov, 2022, 01.01 PM IST
US BNPL consumer debt set to hit $15 bln by 2025 - studyHowever, the current uncertainty in macroeconomic outlook due to the geopolitical turmoil, rapidly rising interest rates and red-hot inflat...
15 Sep, 2022, 02.02 PM IST
U.S. BNPL consumer debt set to hit $15 bln by 2025 - studyValuations of some of the biggest players in the space tumbled this year after a stellar 2021. Shares in Affirm Holdings Inc have plunged o...
15 Sep, 2022, 11.27 AM IST
Digital lending platform FlexiLoans raises $90 millionAsialink Advisors, founded by former CIMB India Investment Banking head Anjani Kumar and Axis Capital were advisors to the transaction.
07 Jun, 2022, 06.00 AM IST
Payment solutions provider Innoviti raises $9.6 million funding led by FMOIn January, Innoviti raised Rs 80 crore in a mix of equity and debt from Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners,...
26 May, 2022, 07.56 PM IST
Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 citiesHaving access to over 10 lakh customers post acquisition of DHFL last year, Piramal Capital & Housing Finance (PCHFL) plans to open 100 bra...
04 Jan, 2022, 04.27 PM IST
Rupifi raises venture debt from Trifecta CapitalThe company's embedded B2B BNPL product is integrated with category leading B2B marketplaces across industries including FMCG, grocery, pha...
08 Dec, 2021, 02.00 PM IST
Australia proposes new laws to regulate crypto, BNPLThe country will also broaden its payment laws to cover online transaction providers like Apple and Google.
08 Dec, 2021, 12.29 PM IST
Australia proposes new laws to regulate crypto, BNPLThe country will also broaden its payment laws to cover online transaction providers like Apple Inc and Alphabet Inc's Google as well as bu...
08 Dec, 2021, 10.48 AM 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
Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisitionDomestic giant Tata Steel today said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan ...
22 May, 2018, 04.20 PM IST