While in the 90th credit card companies core business was to let people buy now but pay later (BNPL). Then Affirm and Klarna came and optimized the principle for eCommerce. Now well funded imitators are entering the space in different verticals like healthcare, air travel, expensive everyday products and B2B. We fly over the biggest funding rounds and news in BNPL this week.
This resilient innovator believes in the power of startups and technology to achieve lasting impacts on social inclusion through education, policy, and financial services. The digitization of the world incentivized the creation of SimplyWise. As the Co-Founder and COO, Allie Fleder is motivated to help individuals take control of their finances through digitization.
Disruptive Lending – Empowering Cash Management Through AI - June 10th. We are thrilled to invite you to FinTech-Aviv's in person event focused on alternative lending mechanisms and AI based cash management platforms!
FinTech World Forum 2021 (FinTech Conference) is based in London UK Europe as one of leading fintech events for the global financial and banking technology industry. It focuses on crypto, blockchain, finance technology, banking and finance. For more info visit: https://fintechconferences.com
The NFT market has imploded over the past month, with sales in every single category almost entirely drying up. NFTs peaked on May 3, when $102 million worth were sold in a single day. The crypto-collectibles market made up $100 million of those sales.
Central banks around the world are looking to develop their own digital currencies, which use technology to represent a country’s official currency in digital form.
Digital lending and payment provider WLTH and Parley for the Oceans, a new form of environmental organisation, announce a five-year partnership to empower customers with an innovative lending solution that offers an everyday way to protect the oceans and support the movement to end marine plastic pollution across Australia.
The World Payments Report 2020 from Capgemini is the leading source for data, trends and insights on global and regional non-cash payments, the key regulatory and industry initiatives (KRIIs), and today’s dynamic payments environment. This 16th edition highlights the need for payment firms to rapidly prioritize technology transformation in order to become digital masters and stay competitive.
Bucking the travel industry downturn trend, London’s BNPL fintech Fly Now Pay Later has landed an additional £10 million in an equity investment co-led by Revenio Capital and Taurus Wealth Advisors. This fuel adds to the £35 million of equity and debt Series A financing raised last year and is expected to be used to propel UK, US, and German expansion goals.
Students’ Banking Law Association, Students' Organization for Law and Economy of China and Warsaw Beijing Forum would like to invite you to watch a panel discussion concerning Chinese financial technologies.