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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   


Business Insider Latest Story Image
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   


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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   


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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   


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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   


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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   


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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   


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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   


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2 mins read

Samantha Delouya   


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3 mins read

Rosie Bradbury   


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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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


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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   


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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   


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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   


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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   


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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…

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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   


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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 …

Lindsay Dodgson