Tag Archives: Buy Now Pay Later

Healthcare BNPL Firm Raises $35M to Fund Expansion

A fintech company that started out offering Buy Now, Pay Later services for petcare and has since expanded into healthcare finance for humans has announced it has raised $35 million in funding to help it grow and expand its product. Called Scratchpay, the company has now raised more than $108 …

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CFPB Announces Plans to Regulate BNPL Market

The Consumer Financial Protection Bureau yesterday announced plans to increase its oversight of the Buy Now, Pay Later industry, by issuing guidance or a rule that will more closely align the product with its credit card cousins, and by instituting supervisory examinations of BNPL providers. Use of BNPL products — …

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CFPB Calls for Standard Credit Reporting on BNPL Debts

CFPB Logo

The Buy Now, Pay Later (BNPL) space is a new form of credit, and like anything new, it is going through growth stages and reaching new milestones everyday. The Consumer Financial Protection Bureau yesterday published a blog post pointing out the need for standardization in how BNPL debts are reported …

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Apple Unveils BNPL Service

Apple is hosting its Worldwide Developers Conference (WWDC) this week and for fanboys like me, the event is an opportunity to see new hardware and software that the tech giant is planning to release. But this year, Apple announced during its keynote address on Monday, that it is expanding its …

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Consumers Worry About Money 6 Times a Day: Survey

The average consumer worries about money six times a day and more than half have overextended themselves are in a “difficult” financial position, according to the results of a survey conducted and released by Affirm, a Buy Now, Pay Later provider. On the bright side, though, younger consumers feel as …

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