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3 mins read
Why the government is raising an eyebrow at Gen Z's favorite new way to spend: 'Buy now, pay later'
"We've been flooding the market with all this credit and no one's been keeping track of what's been…
Ben Winck
1 min read
Affirm falls 16% as CFPB announces inquiry into buy now, pay later services
The Consumer Financial Protection Bureau told five companies to turn over information to assess ris…
Max Adams
1 min read
PayPal CEO says spending via its buy-now-pay-later service soared 400% on Black Friday, as inflation bites and shoppers feel the pinch
PayPal CEO Dan Schulman told CNBC that its BNPL service, Pay in 4, was the star of the show on Blac…
Mary Hanbury
6 mins read
I shopped using 'buy now, pay later,' and it's easy to see why services like Afterpay, Klarna, and Affirm are taking over the retail world
It feels empowering to be able to shop in a new way, but I also now feel locked into yet another fi…
Avery Hartmans
1 min read
Amazon will let you buy stuff now and pay for it later through a new partnership with Affirm
The companies are testing out their partnership with select customers now, with a wide-scale rollou…
Francis Agustin
2 mins read
Square jumps 12% after it agrees to $29 billion acquisition of buy now, pay later firm Afterpay
A number of companies are jumping into the buy now, pay later space following Affirm's success, inc…
Matthew Fox
1 min read
Jack Dorsey's Square agreed to buy Afterpay, which has a 'buy now, pay later' service, for $29 billion in stock
Square, in which Twitter CEO Jack Dorsey has a large stake, said Afterpay's buy now, pay later serv…
Kelsey Vlamis
2 mins read
Buy-now-pay-later startup Klarna is booming so fast that it outgrew its New York office before it had a chance to move in
In an interview with Quartz, Klarna's CEO and co-founder Sebastian Siemiatkowski discussed plans fo…
Mary Hanbury
2 mins read
More holiday shoppers are using 'buy now, pay later' services like Affirm & Afterpay. Financial advisors warn that it's a useful tool that can quickly pile on debt.
One financial advisor said the arrangement can be dangerous, but others offered tips they said help…
Samantha Delouya
3 mins read
Apple's buy-now-pay-later rival to AfterPay. A lawyer who helps victims of predatory lending says Apple could use the data it has on you to push reckless spending.
A lawyer who represents victims of predatory lending said Apple's entrance into Buy Now, Pay Later …
Rosie Bradbury
1 min read
Top Stories this AM: Matt Damon says he finally stopped using the word 'f----t'; Paul Gosar's siblings shame him; Square pays for Afterpay
Good morning and welcome to your weekday morning roundup of the top stories you need to know.For mo…
INSIDER
5 mins read
Here's the lowdown on those payment plans you see when you shop online, like Afterpay and Affirm
These services are widely available, too. Says Ted Rossman, industry analyst for CreditCards.com, "…
Sheryl Nance-Nash
2 mins read
Forget luxury goods, US shoppers are now using buy-now-pay-later services to pay for groceries
Groceries' share of spending on BNPL orders grew by 40% in the first two months of 2023, per data f…
Mary Hanbury
4 mins read
Americans broke a record for spending on Black Friday, but it's just hiding a bigger problem for the economy
Americans set an online spending record on Black Friday, but they may be accruing more debt.
Cork Gaines,Noah Sheidlower
3 mins read
The real reason you're using 'Girl Math' isn't as funny as the TikTok trend would make you think
Four financial experts told Insider the trend is rooted in financial insecurity and stereotypes. On…
Kai Xiang Teo
1 min read
Block stock slips on weak first-quarter results while Cash app's profit is expected to grow
Late Thursday, the mobile payment company reported adjusted earnings per share tumbled 56% to 18 ce…
Brian Evans
3 mins read
PayPal's 'buy now, pay later' service is rolling out in Australia — Apple is reportedly testing its own version, too
The entry of PayPal into the local market represents the single biggest disruption to the crowded…
1 min read
Death of the doorbuster: Black Friday shatters online shopping record with more than $9 billion in sales as in-store participation wanes
Online sales were up 2.3% from last year, driven by an increase of consumers turning to buy-now-pay…
Bethany Biron
3 mins read
Twitter founder Jack Dorsey's net worth dropped by more than $500 million after US short seller Hindenburg targeted his payments company Block
The US short seller alleges Block — formerly known as Square — misled investors "with inflated metr…
Huileng Tan
4 mins read
I watched dozens of finance guru Caleb Hammer's videos — here are his 6 go-to tips for people with massive debts
Caleb Hammer has becoming a rising internet star, helping people budget their way out of financial …