This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
ZORRZ , the pioneering fintech driving financial inclusivity, has announced its strategic partnership with CLOWD9 , a B-Corp certified processing platform, to power its innovative BlueAccess Hybrid CreditCard platform. We are thrilled to collaborate with a partner dedicated to driving change and making credit accessible to all.”
Think about how easy it is to order a ride on Grab, book a hotel on Agoda, or pay for groceries on Shopee without even needing to pull out your creditcard or open a banking app. Take Buy Now, Pay Later (BNPL) services as an example. But it’s not just about BNPL. Financial inclusion will remain a key focus.
Buy Now, Pay Later (BNPL) in India has experienced a rapid increase in adoption, with its share of e-commerce sales in Asia-Pacific (APAC) surging from just 0.1% Similarly, Freecharge Pay Later is no longer available, according to its website, signaling further shifts in the BNPL landscape. in 2019 to an estimated 5.8%
The move comes at a time when Akulaku is also seeking to expand its services following the lifting of regulatory restrictions by Indonesia’s Financial Services Authority (OJK) on its buy now, pay later (BNPL) offerings earlier in the month.
Capital C plans to use the funds to expand its operations into new Southeast Asian markets and develop a superapp that will provide a range of financial services to underserved communities, including the unbanked and those with limited credit history.
Curve Flex, an instalment-linked revolving credit line, will now have transactions reported in real-time through Infact’s API-based system – uniquely suited to represent CreditCard and BNPL activity accurately.
By combining traditional creditcards, digital wallets, BNPL (Buy Now Pay Later) services, and real-time payments, businesses can offer customers a seamless, personalised experience. This transformation will enable low-cost access to financial systems, empowering underserved communities and fostering inclusion.
The firm is usually geared toward offering global accounts to companies underserved by financial institutions. Cape Debuts 'Recession Fighting' CreditCard. The new card is forecast to roll out next year and is geared toward small to medium-sized enterprises (SMEs).
Aplazo has positioned itself as the category leader in the BNPL space by tackling the massive offline retail market, which represents around 93 percent of total retail sales in Mexico. Aplazo stands out from any other BNPL provider as the only player to truly give infinite possibilities of where a user can “buy now and pay later.”
Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. There Will be Changes in the BNPL Market, but Major Regulatory Action Is at Least a Year Away. Four 2023 U.S. Policy Predictions for Financial Services Companies. FICO Admin.
Our hypothesis is that this gap exists due to the lack of credit infrastructure. Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. These achievements have impressive real-world implications with individuals in underserved regions.
Since a lot of Brazilians don’t have access to traditional banks, Nu used digital tech to offer no-fee creditcards and a completely digital banking experience. Encouraging the inclusion of nontraditional data into credit bureaus. . “In Brazil , there’s Nu , a shining example of fintech innovation.
Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics. Its products include the Akulaku virtual creditcard and e-commerce platform, the Asetku online wealth management platform, and Bank Neo Commerce, a digital and open banking platform.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content