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Tag: buy now pay later

This category includes buy now, pay later or installment purchase apps.

by Eric NovinsonPosted onNovember 3, 2021StartupsLeave a comment on Finley Helps Startups Follow Banks’ Rules About Borrowing Money

Finley Helps Startups Follow Banks’ Rules About Borrowing Money

Finley is a fintech startup that automates compliance for startups that borrow money. It was founded in 2021 and has already raised $3 million in…

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by Eric NovinsonPosted onJuly 15, 2021NewsLeave a comment on How the Apple Buy Now, Pay Later Service Could Work

How the Apple Buy Now, Pay Later Service Could Work

Today, Bloomberg reported that Apple and Goldman Sachs are developing a buy now, pay later (BNPL) service. The Bloomberg article is behind a paywall but…

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by Eric NovinsonPosted onMarch 12, 2021March 12, 2021InformationLeave a comment on How Buy Now, Pay Later Apps Earn Their Fees by Adding Value for Merchants

How Buy Now, Pay Later Apps Earn Their Fees by Adding Value for Merchants

A recent article from Banking Dive provided insightful analysis on the payment processing industry. Merchants complain about the fees that banks charge them for processing…

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by Eric NovinsonPosted onMarch 10, 2021March 12, 2021InformationLeave a comment on How Buy Now, Pay Later Apps Improved on Installment Buying

How Buy Now, Pay Later Apps Improved on Installment Buying

Before there were buy now, pay later apps, merchants offered installment buying plans. These purchase contracts were also known as time payments. They became very…

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by Eric NovinsonPosted onMarch 4, 2021March 12, 2021Startups1 Comment on Buy Now, Pay Later App Merchant Fees

Buy Now, Pay Later App Merchant Fees

Recently, the Wall Street Journal reported that the card networks Visa and Mastercard plan to raise interchange fees. This is bad news for merchants, who…

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