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The Latest Breaking News from BNPL

Affirm Nears Profitability and Wall Street Is Cheering

Affirm stock is rallying Thursday after the BNPL firm reported strong results and said it expects to turn a profit by the end of this fiscal year. Here's what you need to know.

Kiplinger

Chase Credit Card To Ban 'Buy Now, Pay Later' Schemes Starting Oct. 10 - Here's Why

JPMorgan Chase has prohibited customers from using its credit cards to repay third-party buy-now-pay-later loans, encouraging customers to use its BNPL service.

International Business Times UK

Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans

Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices

The Independent UK

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Rumors of American consumer strife are greatly exaggerated, Affirm CEO and PayPal cofounder says

Any customer’s inability to pay is a mistake on Affirm’s side, Max Levchin added. And he’s got the numbers to prove it.

Fortune

PayPal cofounder Max Levchin's traumatic debt experience motivated him to create Affirm. Now he's dreaming of a world without credit cards

But the jury’s still out on whether his buy-now, pay-later system is any better—or different for consumers.

Fortune

Stock Market Today: Nvidia Enters Correction Territory

The chipmaker has declined nearly 13% since hitting an all-time closing high earlier this month.

Kiplinger

PayPal cofounder Max Levchin’s network of tiny banks could help Apple with its Goldman Sachs issue

The tech giant’s most high-profile banking partnership is reportedly dissolving, but a partnership with Affirm, led by PayPal cofounder Max Levchin, plus a network of smaller, mostly state-chartered banks, is now in place.

Fortune

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Can Buy Now, Pay Later Plans Help You Build Credit?

"Buy now, pay later" is a popular way to buy everything — and some loans are starting to show up on credit reports.

Kiplinger

Stock Market Today: Nasdaq Hits New High as Apple Stock Soars

Apple stock was one of the biggest gainers Tuesday as analysts were encouraged by the tech giant's new AI offerings.

Kiplinger

What the new "buy now, pay later," rule means for small businesses offering the service

“Buy now, pay later” services are a popular way that shoppers pay for goods

The Independent UK

Buy now, pay later laws introduced to shield vulnerable

Buy now, pay later loan providers will soon be subject to regulations aiming to protect at-risk Australians from financial harm.

AAP

The grim, new normal of grocery shopping

From "shop-hopping" to relying on Buy Now, Pay Later programs to afford food, grocery shopping has gotten grim

Salon

Monzo's 'Flex' card helps it build 20% stake in Buy Now Pay Later market, research finds

Monzo’s ‘Flex’ card has helped the London fintech build a 20% stake in the UK’s Buy Now, Pay Later market, new research has found.

Evening Standard

Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?

With consumers stretched by inflation, demand for BNPL is expected to remain high, benefiting BNPL stocks like SQ and AFRM. Here's a look at what Wall Street expects for these two fintech names.

Barchart

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The Guardian - UK

UK first-time buyers: how to get yourself mortgage ready

High property prices and rising interest rates and living costs are hindering would-be homeowners, but there are options

Barchart

AFRM Stock: Is the Worst Over for Affirm as Fed Reaffirms Rate Cut Guidance?

Affirm stock rose over 11% yesterday after the Fed backed its guidance for three rate cuts in 2024. The worst looks over for this BNPL name amid the expected trajectory of rate cuts and its strong competitive positioning in the industry.

TechRadar

How ecommerce retailers can ensure consumer safety in 2024

Enhancing e-commerce security in 2024 through advanced fraud prevention strategies and consumer safety prioritisation.

Kiplinger

Klarna Launches BNPL Subscription Plan. Is It Worth It?

Klarna says its buy-now-pay-later program can save users $12/month.

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news in one place.

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Barchart

Is Affirm Stock a Buy After Falling 17% from Its 52-Week Highs?

Affirm was the best-performing stock last year in the universe of companies with a market cap over $5 billion. However, the stock is down 11% so far this year. Is it a buy now, or should investors wait for the stock to fall further?

Barchart

2 Cheap, Undervalued Tech Stocks That Look Set for a 2024 Rebound

Despite U.S. stock markets trading near their all-time highs, PayPal and Alibaba are two cheap and undervalued stocks that could rebound in 2024.

Barchart

Will Affirm Stock Go Up in 2024, or Crash-Land After This Year's Stellar Rally?

Affirm stock has rallied spectacularly in 2023. While Mizuho analyst Dan Dolev recently raised his target price on the BNPL company to a Street high of $65, it might be prudent to take some profits off the table at these prices.

Kiplinger

Walmart Adds Buy Now, Pay Later Option at Self-Checkout Kiosks

Walmart is expanding its partnership with Affirm to bring Buy Now, Pay Later to self-checkout at stores.

Kiplinger

Google Pay To Add Buy Now, Pay Later Options

Google Pay has partnered with Affirm and Zip to add Buy Now, Pay Later features next year.

Top News

Affirm partners with Walmart, brings BNPL to self-checkout kiosks

Discover the latest collaboration between Affirm and Walmart as they revolutionize the self-checkout experience with Buy Now, Pay Later services. Shopping ...

The Independent UK

Older shoppers embracing buy-now-pay-later options such as Klarna – research

Home and garden is now the second most popular shopping category among Klarna users, as the age demographic has evolved.

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