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

PYMNTS

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. stores for Google Pay and Apple Pay users.

Lending 130
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BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. Who Shoulders the Risk? They can then choose the BNPL option at checkout.

Fraud 52
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Online marketplace for real estate investing. Derivative risk management. Online consumer lending. HQ: Provo, Utah. Source: Crunchbase.

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

Fintech Labs Insights

Online insurance. HQ: Salt Lake City, Utah. Personal financial management. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-. Latest round: $134.5 Total raised: $134.5 million ($5.92

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FinovateFall 2017 Live Blog – Day 2

William Mills

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. YUKKA Lab‘s software reads and understands financial news within seconds and provides asset managers and financial advisors with an information advantage at a considerable smaller expenditure of time.

Samsung 69
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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Online stock brokerage. Online mortgage advisor. HQ: Salt Lake, Utah. Tags: SMB,Quickbooks, accounting, financial management. Latest round: $70 million Series D. Total raised: $102.2 HQ: Oakland, California. Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Latest round: $53 million.

Company 12
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. THE STINKIN’ FEDS AWARDS.

Utah 60