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How The Pandemic Fueled The Rise of Buy Now Pay Later


How The Pandemic Fueled The Rise of Buy Now Pay Later
2 hours ago
As the Indian consumer market shifted to online platforms to buy their goods during the last year, Buy-Now-Pay-Later (BNPL) or embedded finance options have become commonplace on most e-commerce platforms. These credit-payment options offer consumers a short loan for a specific purpose.
BNPL credit products or their technical embedded finance essentially offers customers a small loan instantly in certain stores or on e-commerce websites. The reason why it’s called embedded is because the financial component (BNPL) is within a larger product (say an e-commerce platform).
For instance, a student looking to buy a laptop on Amazon or Flipkart, can quickly apply for a loan to pay the Rs 30,000 bill. Within a few minutes, any of the BNPL and e-commerce partner lenders can check your credit score and offer you an instant credit line to pay for the product. All e-commerce apps from the stores to cab aggreg ....

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Union Budget 2021: Allow fintechs access to liquidity by creating fund within PSU, say experts


Statistics still reflect that across the majority of business sectors cash remains king.
FP Staff
January 31, 2021 18:33:55 IST
Funding fintechs. Image courtesy CNBC-TV18
The financial health crisis of 2020 has already pushed the government to initiate a slew of measures to sustain the economy in the form of policies and packages. Since 2014, the government has encouraged digital payments and positioned digital enablement through financial inclusion as the cornerstone of the next wave of growth. Statistics still reflect that across the majority of business sectors, cash remains king.
Fintech firms shared with
Praveen Agrawal, Co-Head India, OakNorth
We believe that the major theme for this Budget will primarily revolve around technology as an enabler to various sectors and facilitating adequate funding alternatives to Micro, Small and Medium-Sized En ....

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Simpl Bag es reconocida como la Fintech Startup del Año en los premios India Fintech Awards 2020 de India

Simpl Bag es reconocida como la Fintech Startup del Año en los premios India Fintech Awards 2020 de India
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Nityanand Sharma , Simpl Bag , India Fintech , Buy Now Pay , Supriya Namrata Simpl , நிதியானண்த் ஷர்மா , இந்தியா ஃபிண்டெக் , வாங்க இப்போது செலுத்த ,

Simpl Bag es reconocida como la Fintech Startup del Año en los premios India Fintech Awards 2020 de India

Simpl Bag es reconocida como la Fintech Startup del Año en los premios India Fintech Awards 2020 de India
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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