Swedish point of sale lender Klarna and retail fashion giant H&M have expanded their partnership to the U.S.; Klarna’s financing...
Shopify announced a flurry of new and updated products yesterday; one of the biggest changes was the announcement of Shop...
Over the past decade we’ve seen consumers warming up to buying everything with multiple payments. It is a phenomenon that...
Affirm has dominated the market when it comes to point of sale finance at a time when consumers are increasingly...
Klarna has received a $200 million investment from the Commonwealth Bank of Australia (CBA) ahead of their launch in Australia;...
One of the quiet achievers in fintech is a company called GreenSky. They have flown under the radar for years...
Max Levchin spoke with CNBC and provided some updates on the company; he believes the government has been under-hyped when...
Affirm, the leader in point of sale financing for consumers, announced today that it is spinning out a new business...
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
Recent data shows that 67% of millennials in the UK have used point of sale finance services with 42% being...