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Affirm financing is now available in brick-and-mortar stores

Affirm, a point-of-sale lending startup, has popularized the use of online installment loans to pay for big-ticket purchases like sofas and mattresses. Now the company is bringing its technology into brick-and-mortar retail, starting with a dozen existing merchant partners, including Peloton and Simply Mac. By the end of the year, Affirm expects to be in … Continue reading “Affirm financing is now available in brick-and-mortar stores”

Affirm financing is now available in brick-and-mortar stores
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TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments

Globalization is in full swing these days, despite nationalist rumblings. And when goods and people are crossing borders, so too must money. At PayPal, for example, cross-border trade volume grew 41% last year, to over $18 billion. Payments startups are now making a run at that opportunity, with two of the most prominent announcing large … Continue reading “TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments”

TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments
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PayPal has seen the future, and the future is marketplaces

To make themselves invaluable to consumers of the future, PayPal has unveiled the very aptly named PayPal for Marketplaces, which they are billing as an “end-to-end global payment solution.” The new payment system lets consumers use PayPal’s entire suite of services–including risk-and-fraud detection capabilities and online buyer and seller protection–or pick and choose from the … Continue reading “PayPal has seen the future, and the future is marketplaces”

PayPal has seen the future, and the future is marketplaces
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PayPal expands “pay with Venmo” to 2 million online retailers

Venmo, the PayPal-owned mobile app best known for peer-to-peer money transfer, is morphing into a full-fledged digital wallet. As of yesterday, any mobile website that accepts PayPal will also accept Venmo as a form of payment. That makes Venmo a viable checkout option at over 2 million U.S. retailers, including Foot Locker and Forever 21. … Continue reading “PayPal expands “pay with Venmo” to 2 million online retailers”

PayPal expands “pay with Venmo” to 2 million online retailers
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