BNPL firm Affirm acquires Returnly in $300m deal
More than eight million shoppers have used the online return service.
Affirm
Why the BNPL sector is growing like crazy
There is plenty of room for experiments in BNPL, and many customer segments are yet to be addressed.
Affirm’s IPO is a wake-up call for banks
Affirm is placing pressure squarely on banks and fintechs to challenge its BNPL market share.
Affirm IPO sees shares surge 98%
Affirm managed to halve its losses by June 2020.
Affirm files IPO application, but financials are confidential
Fintechs in the BNPL space have seen their valuations rocket.
Affirm eyes IPO with up to $10bn valuation
PoS lender is working with Goldman Sachs in early-stage discussions of a potential listing.
Max Levchin’s Affirm lands Shopify buy now, pay later deal
Affirm will power instalment payments for ‘Shop Pay’.
Returnly raises $19m Series B round to help retailers take on Amazon
Former PayPal stars David Sacks and Max Levchin’s companies are on board.
Top fintech stories this week – 5 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Affirm thrives with $300m Series F funding
The Californian firm offers point-of-sale financing.
Affirm introduces in-store capabilities; integrates virtual cards with Apple Pay
Affirm InStore, an alternative to traditional credit cards at brick-and-mortar merchants.
Retail finance platform @divido appoints Todd Latham as CEO Latham will join Divido on 11 April and Neha Mittal, w… twitter.com/i/web/status/1…
.@USDFConsortium launches to develop and promote bank-minted stablecoin A consortium of US financial institutions… twitter.com/i/web/status/1…
Sustainable energy platform @InnoEnergyEU gains first financial institution shareholder, @ING_news “The investmen… twitter.com/i/web/status/1…
SaaS tech start-up financing platform @join_arc lands $161m investment “We’re on a mission to help start-ups grow,… twitter.com/i/web/status/1…
.@bluevine sells its founding invoice factoring business to Canadian rival @FundThrough All BlueVine invoice fund… twitter.com/i/web/status/1…
.@sixgroup, @BIS_org and @SNB_BNS conduct CBDC core banking integration test @Citi, @CreditSuisse, @GoldmanSachs,… twitter.com/i/web/status/1…
Indian #fintech FPL Technologies raises $75m in Series C round Pune-based FPL’s products are designed to create a… twitter.com/i/web/status/1…
Retail finance platform @divido appoints Todd Latham as CEO Latham will join Divido on 11 April and Neha Mittal, w… twitter.com/i/web/status/1…