Surging Cash App user growth helped drive a buoyant Q1 for Block despite recent short seller allegations.
Stripe can benefit from Uber’s global reach, while Uber can cut checkout friction for customers.
Banks and payment providers shouldn’t ignore consumers increasingly using cash to combat cost-of-living pressures.
Resilient consumer spending was a bright spot for Mastercard, but higher costs squeezed profits in Q1.
Its falling valuation and tapering growth show that payment firms must work harder to build volume and attract customers.
The payments firm responded to some short-seller allegations. But its failure to address key claims could cause future problems.
It partnered with OpenAI on a ChatGPT plugin to offer users personalized shopping recommendations.
The Wall Street lender’s pilot shows the space is maturing and could prompt other banks to launch their own biometric products.
Its valuation took another big dip, but the raise could encourage other cash-hungry fintechs. Stripe’s OpenAI tie-in can open doors for both firms.
After touting a recession-proof business model, the BNPL firm slashed 19% of its workforce and will restructure to the tune of $39M.
Partnering with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.
Despite delays, Apple can benefit from its extensive user base and merchant acceptance to build BNPL success.
Ingenico and Splitit are focused on cutting customer friction to grow their in-store BNPL presence.
Payment startups might be better off cutting costs and scaling back expansion plans until the funding climate improves.
The Indian payments provider raised $350M for new products to diversify as competition intensifies.
Emirati paytech Tabby secured $58M in a sign of investor confidence in the region’s BNPL market potential.
The two networks are edging closer to joining the UPI, which would open up a massive market opportunity.
The expected record-high rates will raise demand for budgeting tools, rewards focused on everyday spending, and BNPL.
The firm is reportedly in talks over a sale. We discuss why it could be an attractive acquisition and how likely a buyout is.
From tumbling valuations to the arrival of Big Tech firms, we run down the biggest BNPL developments of 2022.
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