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Three Ways Buy Now Pay Later Reduces Cart Abandonment
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Three Ways Buy Now Pay Later Reduces Cart Abandonment

Brad Paterson
by Brad Paterson0
Cart abandonment is a major source of revenue loss for eCommerce businesses, causing a $4.6 trillion annual loss globally. And according to Statista, 88% of all items shoppers add to their virtual carts remain unpurchased. Several factors contribute to cart abandonment, especially lack of transparency including hidden shipping costs, limited......
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SHEIN partners with PayBright to offer flexible Buy Now, Pay Later plans to Canadian consumers

Fintech News Desk
by Fintech News Desk0
PayBright, Canada’s leading provider of installment payment plans, has partnered with popular global fast fashion brand SHEIN to offer its flexible Pay in 4 plan to Canadian consumers. With this move, Canadian customers on ca.shein.com can now shop for their favourite clothing, shoes, and accessories today, while paying over time in four easy, biweekly,......
Quadpay Reimagines ‘Buy Now, Pay Later’ Shopping Experience with Quadpay for Chrome
Business Capital Markets Fintech News

QuadPay Secures Revolving Line of Credit of Up to $200 million from Goldman Sachs, Oaktree Capital

Fintech News Desk
by Fintech News Desk0
QuadPay, which will use the facility to expand its buy now, pay later business to new merchants across the US, secured the line of credit through the Finitive private credit platform High-growth, US-based payment installment platform QuadPay announced that it has secured a senior secured committed revolving line of credit of......
LendingClub Studies Reveal Customers Prioritize Personal Loan Payments Over Credit Cards, Helping Them Progress Towards Financial Health
Fintech News

LendingClub Studies Reveal Customers Prioritize Personal Loan Payments Over Credit Cards, Helping Them Progress Towards Financial Health

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation (NYSE: LC), America’s largest online lending marketplace connecting borrowers and investors, today released findings from two recent studies on member financial health and payment behavior before and during the novel coronavirus (COVID-19). Conducted in January and June 2020, the studies sought to understand member behavior before and during the coronavirus-driven recession and......
Sezzle partners with Ally Lending
Business Fintech Fintech Startups News

Sezzle partners with Ally Lending

Fintech News Desk
by Fintech News Desk0
New partnership allows Sezzle to offer long-term installments to its merchant and consumer customers. Sezzle (Sezzle or Company) // Installment payments platform, Sezzle, is pleased to announce its business partnership with Ally Lending, the B2B2C lending arm of Ally Bank, the banking subsidiary of Ally Financial. Ally Financial is a......
Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence
Fintech News

Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence

Fintech News Desk
by Fintech News Desk0
SHIFT IN CONSUMER BEHAVIOUR DRIVEN BY CREDIT-HUNGRY MILLENNIAL AND GEN-Z SHOPPERS New data from fintech research specialists Kaleido Intelligence has found that $680 billion will be spent by global consumers using ePOS finance/Buy Now Pay Later (BNPL) over eCommerce channels in 2025. This will represent a 92% rise over the $353 billion spent......
Vergent and iQDE Announce Strategic Partnership to Benefit Lenders
Fintech News

Vergent and iQDE Announce Strategic Partnership to Benefit Lenders

Fintech News Desk
by Fintech News Desk0
Vergent Loan Management Software and iQ Decision Engine (iQDE) Partner to Create Full-Cycle Lending Solutions Vergent Loan Management Software and iQ Decision Engine (iQDE) have partnered to offer a full-cycle fintech infrastructure platform for lenders that includes integrated software, data and decisioning models. The joint effort is the first of......
Splitit Announces Partnership With QuickFee to Extend Impact of Its Unique Buy Now Pay Later Platform to Professional Services Industry
Business Fintech News

Splitit Announces Partnership With QuickFee to Extend Impact of Its Unique Buy Now Pay Later Platform to Professional Services Industryf

Fintech News Desk
by Fintech News Desk0
Service Will Allow Clients of Accounting and Legal Firms Faster Payment And Better Access To Advice Splitit Payments Ltd., a global payment solutions provider, today announced a new partnership deal with QuickFee, a leading professional services payment provider, that currently processes $300M in payments in this sector. This partnership marks......
SRAX Announces Closing of LD Micro Acquisition
Fintech News

SRAX Announces Closing of LD Micro Acquisition

Fintech News Desk
by Fintech News Desk0
SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced that it has closed the acquisition of LD Micro, a leading data and event company serving the small and micro-cap space. Read More: The Influence of Mobile Apps......
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