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US BNPL MARKET
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...- Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPOKlarna, the Swedish fintech giant, commenced trading on the NYSE after a $1.37 billion IPO, signaling a resurgence in the U.S. IPO market. ...
- Klarna IPO: Swedish fintech giant Klarna’s US stock debut to raise $1.27B at $14B valuation as KLAR enters the buy now, pay later warKlarna IPO is making global headlines as the Swedish fintech giant prepares for its big US stock debut. Klarna is aiming to raise $1.27 bil...
- 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 ...
- 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.
- 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...
- 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...
- 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...
- Buy Now, Pay Later fastest-growing segment for Mobikwik: Upasana TakuMobikwik to foray into P2P lending with RBI-registered NBFC Lendbox
- Sezzle to exit India amid global restructuring of operationsThe fintech firm, which informed merchants of its decision on Wednesday, has requested all its merchants to deactivate the service from the...
- Visa, Mastercard hop on for 'Buy Now Pay Later' ride, plan launch in India by end of FY22BNPL is a credit option that gives customers at storefronts and on ecommerce pages the option to defer payments free of cost or to convert ...
- India ahead of global fintech in having more women leaders, says Lizzie ChapmanBNPL will be big with more m-cap created in India than anywhere else, says ETSA winner
- Mastercard rolls out buy now, pay later programThe Mastercard Installments program will be available in markets across the United States, the United Kingdom and Australia, the company sa...
- 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...
- PayPal heats up buy now, pay later race with $2.7 bn Japan dealThe deal tracks rival Square Inc's agreement last month to buy Australian BNPL success story Afterpay Ltd for $29 billion, which experts sa...
- PayPal heats up 'buy now, pay later' race with $2.7-billion Paidy dealThe move comes weeks after the Square-Afterpay deal and the Amazon-Affirm Holdings deal, at a time when ‘buy now, pay later’ (BNPL) solutio...
- Apple's potential 'buy now, pay later' plan sends sector shares tumblingThe US tech giant will use Goldman Sachs, its partner since 2019 for the Apple Card credit card, as the lender for the loans, Bloomberg New...
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