The Business Times

BNPL

Global Enterprise

Private credit fuels a ‘buy now, pay later’ lending boom in Asia

Atome is owned by Singapore-headquartered Advance Intelligence Group.
Startups

Atome to get US$75 million from Lending Ark as credit demand grows

The company has partnered with major global brands, including cosmetics retailer Sephora, sporting goods giant Nike, and rental booking platform Airbnb.
Banking & Finance

Sweden’s Klarna discloses 24% revenue surge in much-awaited US IPO filing

The rise of online lending platforms has democratised access to credit, enabling consumers to secure loans with greater speed and convenience than ever before.
Wealth & Investing
INSIGHTS FROM CFA SOCIETY SINGAPORE

Consumer lending unlocked: Opportunities and risks in a US$27 trillion market

JPMorgan Payments will provide some 900,000 businesses the ability to offer Klarna’s fast-credit options to their customers.
Banking & Finance

JPMorgan adds buy-now, pay-later provider Klarna to its payments platform

Fintechs raised nearly US$24 billion globally in the first three quarters of 2024 and represent a growing competitive threat to traditional banks and asset managers.
Global Enterprise

Drama-prone fintechs face mixed regulatory environment in 2025

The expected jump in spending using buy now, pay later exceeds the projected 8.4 per cent increase in overall spending in the upcoming holiday shopping period, which could reach about US$240.8 billion.
International

US holiday spending on buy now, pay later to hit record due to debt-laden shoppers

The Stockholm-based fintech – which partners with over half of the top 100 retailers in the US – is doubling down on its business in the US and now expects that division to hit US$1 billion in revenue “pretty soon”, says CEO Sebastian Siemiatkowski.
Banking & Finance

Klarna CEO touts ‘solid’ US sales as fintech targets listing

A Gojek driver looks at a smartphone in Jakarta, Indonesia, on Monday, March 18, 2024. PT GoTo Gojek Tokopedia will announce it’s earnings on March 19. Photographer: Dimas Ardian/Bloomberg
Startups & Tech

GoTo launches ‘buy now, pay later’ service on TikTok’s ShopTokopedia

More corporate VCs are expected to throw their hats into the tech ring, but many of them will be eyeing the semiconductor space.
Tech in AsiaStartups
COMMENTARY

Malaysia’s fintech and VC sectors are heating up

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