Goldman Sachs is taking another step into the realm of consumer finance with the $2.24 billion acquisition of GreenSky.
Buy now, pay later (BNPL) models have surged in popularity during the pandemic as an explosion of ecommerce has led to more demand for alternative payment options, especially among young people. That growth has sparked a flurry of recent deals among retail and payments companies, including Square's $29 billion acquisition of BNPL provider Afterpay and
One in ten shoppers who used 'buy now, pay later' services is unemployed and dependent on benefits and just half of those using checkout lending services were full-time employees, our survey found.
The next iteration of Apple's smartwatch, the Apple Watch 7, will launch alongside the iPhone 13 next week, but it might be in short supply.
After making layaway a part of holiday shopping since 2006, Walmart will now rely on Affirm, a buy-now, pay later program that will charge users interest on most purchases.
People looking for an alternative to credit cards found buy now, pay later services 'better,' eventually helping it to make $100 billion in total revenue.
Millions of shoppers now use a buy now, pay later, or BNPL, service to finance their purchases. And the options are more varied than ever.
PayPal is continuing its push into buy-now-pay-later (BNPL) services with the acquisition of Japanese company Paidy for 300 billion yen ($2.7 billion), Bloomberg has reported. That represents its second largest acquisition to date after the $4 billion dollar purchase of online coupon aggregator Honey.
Monzo and Revolut, two of Britain's best-known financial technology firms, are planning to enter the booming "buy now, pay later" industry.
Acquisition will allow PayPal to boost its fortunes in burgeoning Japanese e-commerce sector.