The Business Times
business-time-50

Fintech Advance.AI riding wave of buy-now pay-later online shopping

google-preferred-sourceAdd BT as a preferred source
Published Thu, Aug 20, 2020 · 09:50 PM

    Singapore

    LOCAL fintech Advance.AI has seen rising demand from younger shoppers in taking up instalment plans for online retail spending - a service it is selling to retailers now forced by the pandemic-linked measures to digitalise their sales.

    With Covid-19 measures leading to physical stores being shuttered and people stuck at home, the fintech - which is part of a consortium gunning for a digital bank licence here - has seen a surge in demand for its buy-now pay-later checkout financing solution.

    Singapore fintechSingapore digital banksArtificial Intelligence

    TRENDING NOW

    Asean is now in a position to revisit the idea of a bloc-to-bloc agreement with the EU.

    EU and Asean at 50: time for bold action

    Indonesia’s Minister of Communication and Digital Affairs Meutya Hafid says sovereignty is about "having control at home and the confidence to cooperate abroad".

    Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More