Swedish point of sale lender Klarna and retail fashion giant H&M have expanded their partnership to the U.S.; Klarna’s financing...
Klarna has received a $200 million investment from the Commonwealth Bank of Australia (CBA) ahead of their launch in Australia;...
Over the past decade we’ve seen consumers warming up to buying everything with multiple payments. It is a phenomenon that...
We heard on Monday that newly public fintech company, GreenSky, has partnered with American Express in a wide ranging deal....
Affirm has dominated the market when it comes to point of sale finance at a time when consumers are increasingly...
Shopify announced a flurry of new and updated products yesterday; one of the biggest changes was the announcement of Shop...
Last week we learned that Square, best known for their small business credit card processing service, is getting into the...
One of the quiet achievers in fintech is a company called GreenSky. They have flown under the radar for years...
Recent research shows that younger consumers are uncomfortable with carrying credit card balances; consumers are more comfortable with products like personal loans that are more transparent and easier to understand; there has been an increased interest in point of sale financing; one company driving this trend is GreenSky which partners with banks to fund loans; the proportion of consumer loans going to point of sale financing has increased significantly at banks that partner with GreenSky including Regions, Synovus and Fifth Third. Source
The point of sale financing space is one of the hottest niches in all of fintech. While most of the...