A report from Viola Fintech shows why companies must go beyond embedded to contextual finance if they want their share of a $588 billion pie.
The buy-now-pay-later industry continues to grow in popularity. And part of the reason is consumers are starting to understand that most of BNPL stands outside the traditional credit scoring system.
In a blog post yesterday describing their 2024 plans, we learned that X will be launching peer-to-peer payments later this year.
We know that the company has been slowly obtaining money transmitter licenses as it builds out its payments capabilities. But this is the first time we have heard about concrete plans to launch a payments service.
Chile's new fintech law will provide an incentive for other regulators in the region to move forward with similar frameworks, analysts say.
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Changpeng Zhao explained he has yet to ask Musk for a detailed plan but that charging for comments and blue ticks are both in the pipeline.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.
Amazon partnered with Affirm to offer BNPL to their North American customers.
Founded in 2018, Ali offers payroll loans to the employees of its partner companies to help reduce their debt.
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Companies like Hummingbird and Babel Street are successfully applying new technologies to improve the efficiency of long-cumbersome aspects of compliance.
'There are going to be a lot of M&As in the market. There's going to be a lot of innovation and focus on unit economics'