About a year ago, Affirm Holdings Inc. was sitting pretty. The company achieved a peak market value of $46.8 billion on Nov. 4, 2021, and it went on to announce Read more
Tag: Buy-Now-Pay-Later Services
Block may be in trouble as economy sours, but Cash App could save it for now
On paper, Block Inc.’s varied businesses all are potentially sensitive to a weakening economic environment, and revenue and earnings are supposed to decline from last year. In reality, the story Read more
Australian BNPL companies Zip, Sezzle scrap merger plans
SYDNEY — Buy-now-pay-later rivals Zip Co. ZIP, +4.00% and Sezzle Inc. SZL, -34.94% have scrapped the planned merger that they had hoped would create the scale to better compete in Read more
The pros and cons of using buy now, pay later for travel expenses
. Buy now, pay later services are an increasingly popular way to purchase products online. These services often target young shoppers through social networks and promote the ability to purchase Read more
Klarna to raise new funds at slashed $6.5 billion valuation
Klarna Bank AB is nearing a deal to raise new money at a valuation of around $6.5 billion, according to people familiar with the matter, a humbling comedown and a testament Read more