BNPL is displaying no indicators of slowing down. Customers love this fintech innovation and now everybody appears to need in on the motion.
Enter Galileo, the fintech firm that powers funds, card issuing and digital banking. It first launched a BNPL providing in 2022 for banks and fintechs and at present it introduced expanded performance.
The important thing improvement right here is post-purchase performance. Now we have began to see this from banks and fintechs, the place customers can convert a bank card transaction right into a BNPL cost plan.
Now, Galileo is bringing this to the broader market. They’re focusing on each present lenders and those that haven’t any lending program in any respect, touting this program as a fantastic entry level into lending for deposit-focused fintechs.
I’ve little question that BNPL will proceed to develop and this Galileo providing makes it simpler for any financial institution or fintech to benefit from this secular development.
Featured
> Galileo Expands BNPL Providing for Banks and FinTechs
Galileo Monetary Applied sciences has launched an enlargement of its BNPL providing. The corporate now lets banks and FinTechs provide cardholders new post-purchase installment cost choices by way of their present debit or bank cards.
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