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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Leveraging Risk the Right Way.

Lending 130
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2021 GonzoBanker Awards

Gonzobanker

Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Has it worked? Enough said?

Fintech 147
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Derivative risk management. HQ: Provo, Utah. Startup capital raising platform. Multi-family lending management. Tags: SMB, capital, crowdfunding, equity, investing. Source: Crunchbase. SaaS banking platform. Latest round: $8.73 million Series B. Total raised: $13.1 HQ: Berlin, Germany. Source: Finovate.

Company 12
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Prepaid debit card for youth. HQ: Salt Lake City, Utah. Kikka Capital. Tags: SMB, payments, merchants, POS, point of sale, acquring, debit/credit cards. Source: FT Partners. Latest round: $5.8 million Equity Crowdfunding (Crowdcube). Total raised: $5.8 HQ: Farnborough, England, UK. Source: Crunchbase. SeedInvest.