While online BNPL options exploded during the pandemic, Citizens sees a chance to differentiate itself by tackling in-person businesses, and it’s expanding its network faster by working with Wisetack. Citizens Bank is partnering with Wisetack to bring BNPL financing to more in-person services through the fintech’s network of merchants. “We’re excited to partner with […]
Tag: BNPL
While incumbent financial firms have long provided trade credit and short-term loans to business customers, a new swath of fintechs is trying to make the process faster and easier. SMBs often need trade credit to pay for their business purchases, but, historically, the payment process has involved filling out forms and waiting several days for […]
Traditional players like Barclays, HSBC, and Deutsche Bank that offer short-term loans to businesses need to focus on improving their customer experience to avoid the dynamics that have shaped the consumer buy-now-pay-later (BNPL) space. A new crop of well-funded fintechs including Billie, Mondu, Insight Partners’ portfolio company Resolve, and Tranch are trying to tackle BNPL […]