Categories payments

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PayPal joins the ‘buy now, pay later’ race with new ‘Pay in 4’ installment program

PayPal today introduced a new installment credit option for PayPal users called “Pay in 4.” The name itself explains what the service offers — basically, it’s the ability for customers to pay for purchases, interest-free, over four separate payments. The service is an expansion on PayPal’s existing lineup of Pay […]

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Banks aren’t as stupid as enterprise AI and fintech entrepreneurs think

Simon Moss Contributor Share on Twitter Simon Moss is CEO of Symphony AyasdiAI, an enterprise artificial intelligence company for financial services. Announcements like Selina Finance’s $53 million raise and another $64.7 million raise the next day for a different banking startup spark enterprise artificial intelligence and fintech evangelists to rejoin […]

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Max Levchin is looking ahead to fintech’s next big opportunities

Max Levchin needs little introduction in the world of tech. As an entrepreneur, he’s been the co-founder of PayPal (now public), Slide (acquired by Google) and Affirm (reportedly about to go public), some of the hottest startups to have come out of Silicon Valley. And as an investor, he’s applied […]

Is the 2020 SPAC boom an echo of the 2017 ICO craze?

I wanted to write an essay about Microsoft and TikTok today, because I was effectively a full-time reporter covering the software giant when it hired Satya Nadella in 2014. But, everyone else has already done that and, frankly, there’s a more pressing financial topic for us to parse. Let’s take […]

Working to understand Affirm’s reported IPO pricing hopes

News broke last night that Affirm, a well-known fintech unicorn, could approach the public markets at a valuation of $5 to $10 billion. The Wall Street Journal, which broke the news, said that Affirm could begin trading this year and that its IPO options include debuting via a special purpose […]

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Opportunities (and challenges) in church tech

Will Robbins Contributor Share on Twitter Will Robbins is an early-stage investor at Contrary. More posts by this contributor Jesus, SaaS and digital tithing Voodoo Games thrives by upending conventional product design Americans are rapidly becoming less religious. Weekly church attendance is falling, congregations are getting smaller or even closing […]

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‘Animal Crossing: New Horizons’ and the limits of today’s game economies

Kaiser Hwang Contributor Share on Twitter Kaiser Hwang is a longtime member of the games community and a vice president at Forte, an organization building an open economic platform for games. “Animal Crossing: New Horizons” is a bonafide wonder. The game has been setting new records for Nintendo, is adored […]

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Extra Crunch support expands into Argentina, Brazil and Mexico

We’re excited to announce that Extra Crunch is now available to readers in Argentina, Brazil and Mexico. That adds to our existing support in the U.S., Canada, the U.K., and select European countries. You can sign for Extra Crunch here. Latin America has always caught the eye of big tech. […]

US challenger bank Chime launches Credit Builder, a credit card that works more like debit

U.S. challenger bank Chime, now valued at $5.8 billion, is entering the credit card market with today’s launch of a new card designed to help consumers build their credit history by way of everyday transactions. With the Chime Credit Builder Visa Credit Card, users can control how much they want […]

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Brazil suspends WhatsApp’s payments service

Brazil, the second largest market for WhatsApp, has suspended the instant messaging app’s mobile payments service in the country a week after its rollout in what is the latest setback for Facebook. In a statement, Brazil’s central bank said it was taking the decision to “preserve an adequate competitive environment” […]