Tag: Credit Types/Services
9 months ago
wsj.com

Splitit Payments Takes Private Equity Backing in Pursuit of Large Merchants, CEO Says

The company agreed to issue new preferred shares to Motive Partners in exchange for $50 million in funding

Read Full Article
10 months ago
wsj.com

U.S. Stock Indexes Open Higher, Led by Nasdaq

Major stock indexes rose, pointing to markets stabilizing after Thursday’s selloff in the Nasdaq Composite, and to a ...

Read Full Article
12 months ago
wsj.com

Humm Told to Stop Adding New BNPL Customers by Australian Regulator

Australian credit provider said itcomplied with the order and is seeking to engage with the ASIC.

Read Full Article
almost 2 years ago
wsj.com

‘Buy Now, Pay Later’ Looks to Healthcare for Shot in the Arm

Companies battling a slowing economy and strained household budgets are increasingly turning to niche sectors to secu...

Read Full Article
almost 2 years ago
wsj.com

Buy-Now-Pay-Later Providers Zip, Sezzle Scrap Merger Plans

Zip and Sezzle have scrapped the planned merger that they had hoped would create the scale to better compete in the c...

Read Full Article
almost 2 years ago
wsj.com

Latitude, Humm Terminate BNPL Deal Due to Market Turmoil

Latitude Group Holdings scrapped its acquisition of Humm Group’s consumer finance operations, citing the financial-ma...

Read Full Article
almost 2 years ago
wsj.com

Analysis: BNPL Firms Change Tack as Economic Outlook Dims

A cloudy economic outlook and increased investor focus on profitability over growth is forcing some buy-now-pay-later...

Read Full Article
about 2 years ago
wsj.com

Splitit’s Move to Drop Branding Cuts Customer Acquisition Costs, CEO Says

Buy-now-pay-later provider Splitit Payments Inc.’s overhauled strategy aims to cut customer acquisition costs and hel...

Read Full Article
about 2 years ago
wsj.com

Splitit Shares Jump on Talks With Google Over US Payments

Splitit Payments Ltd.’s shares are 17% higher after the buy-now-pay-later provider said it was in talks with Google a...

Read Full Article
over 2 years ago
wsj.com

Afterpay’s Acquisition by Block Cleared for Completion

Block’s acquisition of Afterpay has cleared its final regulatory hurdle and will be implemented on Feb. 1, the Austra...

Read Full Article
over 2 years ago
wsj.com

YouTube TV Loses Disney Channels Including ESPN in Standoff

The blackout is depriving more than four million subscribers of programming as the companies battle over distribution...

Read Full Article
over 2 years ago
wsj.com

Australia’s Central Bank Wants BNPL Firms to Scrap No-Surcharge Rules

Australia’s central bank wants buy-now-pay-later platforms to scrap contract terms that prevent merchants from passin...

Read Full Article
over 2 years ago
wsj.com

Ant to Fully Share Consumer Credit Data With China’s Government

Credit data generated by the fintech giant’s consumer lending service will be made available to the central bank’s cr...

Read Full Article
almost 3 years ago
wsj.com

Australia Takes Center Stage in Global Deals Spree

The volume of mergers and acquisitions in Australia is already at its highest annual level on record with nearly five...

Read Full Article
almost 3 years ago
wsj.com

Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal

The Australian installment-payment company, which positions its service as a cheaper and more responsible alternative...

Read Full Article
about 3 years ago
wsj.com

Unraveling Archegos Fund Shows Risks of Investment Banking

The sale of big blocks of shares late last week by many banks hinted at a hedge-fund collapse. Investors should brace...

Read Full Article
over 3 years ago
wsj.com

Some Banks Want to Consign Credit-Card Interest to History

Worried about dwindling credit-card usage during the pandemic and the rapid rise of startups that allow consumers to ...

Read Full Article
over 3 years ago
wsj.com

China’s Antitrust Probe Zeroes In on Vendor Claims of Alibaba Pressure

The probe casts a spotlight on long-standing contentions from merchants and rivals that the e-commerce giant pressure...

Read Full Article
over 3 years ago
wsj.com

China Hails Victory in Crackdown on Peer-to-Peer Lending

China has declared victory in its campaign against online peer-to-peer lenders, with the country’s top banking regula...

Read Full Article