The enterprise failed to improve on its net income but did report a steady profit, and got closer to meeting minimum ...
Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of ...
36% find it difficult to pay their debts on time, unchanged for the past three quarters. Key reasons include insufficient income (68%), owing on too many accounts (36%, up from 31% last quarter) and ...
Banks can now offer BNPL services directly through debit cards as US financial technology firms FIS and Affirm partner to ...
Tabby could reportedly consider garnering additional funds before the IPO. The company's valuation stands at $1.5bn following ...
Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their ...
The buy now/pay later lender outperformed nearly every analyst estimate in its fiscal Q2 2025 earnings report. CEO Max Levchin said the company is 5 months out from positive GAAP operating income.
Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.
The fintech, previously valued at over $82 million, has wound down, founder Paul Kesserwani wrote on LinkedIn last week.
The biggest US buy now, pay later providers have long pushed back against sharing their data with credit-scoring firms, ...
While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...
Much like the other BNPL providers, Zip doesn't report these loans to the credit bureaus. It also doesn't perform any credit checks before approving customers for a loan. One of the major perks of ...