FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. Dado Ruvic | ReutersPayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge…
Kristin Herman said using a "buy now, pay later" service to pay for a last-minute trip to Miami felt like a lifesaver.She said the approval was quick, and there were no upfront costs — but she accidentally skipped a scheduled…
The chaos around tariffs continues to rattle global stock markets, as fears of higher costs and concerns over a potential economic slowdown weigh on investor sentiment.However, the pullback in several stocks due to these ongoing…
Max Levchin, co-founder of PayPal and AffirmDavid Paul Morris | Bloomberg | Getty ImagesFintech lender Affirm said Tuesday that it's reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on…
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesSwedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for…
With rising incomes and a willingness to spend, Generation Z could have a profound impact on the economy and the market. The cohort's global income levels are expected to increase from $9 trillion in 2023 to $36 trillion around 2030 and…
Jaque Silva | Nurphoto | Getty ImagesShares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a…
Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results.Here's how the company did, compared to analysts' consensus…
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho.Drew Angerer | Getty…
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment.Elena Noviello | Moment | Getty ImagesAMSTERDAM — Financial technology companies are putting IPO…
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