Daily

Daily Tearsheet: Klarna and the future of BNPL, and DAOs are gaining traction with consumers and regulators

close

Email a Friend

Daily Tearsheet: Klarna and the future of BNPL, and DAOs are gaining traction with consumers and regulators

Tearsheet provides daily summaries of the top news stories and events, like this piece, in a nifty, neat, nicely-packaged daily email. Stay informed. Subscribe here.

What’s Happening in Payments Ep. 8: Klarna and the future of BNPL, PayZen’s ‘Care Now, Pay Later’, and Mastercard’s ‘Smile to Pay’ system

In episode 8 of What’s Happening in Payments, host Ismail Umar digs into whether BNPL offers a sustainable business model for providers, and whether it’s even viable as a standalone business.

He also discusses PayZen’s ‘Care Now, Pay Later’ solution, as well as Mastercard’s recently announced ‘Smile to Pay’ system, and what it tells us about the future of privacy and security in payments.

Listen/read more

Data Snack: DAOs are gaining traction with consumers as well as regulators

Recent data shared by Snapshot Labs’ Electric Capital Engineer Emre Caliskan shows that DAOs have increased in number by 8.8 times to 6000.

The number of proposals and votes has seen a similar jump, with an increase of 8.5x in proposals and 8.3x in votes.

A leaked draft of an upcoming bill shows that regulators may soon call for founders and users of all DAOs to disclose their identities to the government. 

Read more

Just look at the charts

1. A wide range of BNPL models

Source: Nicolas Pinto

2. Startups in the healthcare fintech space

SourceFlorian Graillot

Today’s stories

A sign of the punishing environment for fintech
Klarna is considering raising fresh funds at a substantially lower valuation of around $15 billion, down from last year’s $46 billion (WSJ)

Musk envisions Twitter as a crypto payments platform
Elon Musk says money is fundamentally digital at this point, and it would make sense to integrate digital payments into Twitter so it’s easy to send money back and forth (CoinDesk)

Tifin is the latest startup feeling the bite of the bear market
Tifin founder and CEO Vinay Nair has laid off 10% of his employees, and asked nine members of the leadership team, including himself, to take a 20% pay cut (InvestmentNews)

How crypto lender Celsius overheated
Celsius Network has frozen withdrawals after using a myriad of failed DeFi strategies — and customers now fear they will never be able to access funds locked on the network (CoinDesk)

Stay ahead of the game with Outlier — Tearsheet’s exclusive members-only content program and join the leading financial services and fintech innovators reading us every day.

0 comments on “Daily Tearsheet: Klarna and the future of BNPL, and DAOs are gaining traction with consumers and regulators”

Daily

Daily Tearsheet: Banks’ role in the climate crisis, greenwashing on Wall Street, and DataDay Conference 2022 videos

Sara Khairi | June 24, 2022
Daily

Daily Tearsheet: A day in the life of MX’s VP of product, and is the ‘Apple Pay Later’ hype warranted?

  • It's always interesting hearing about how professionals spend their time and what propels them to the top of their games.
  • Also, our new Banking on the Planet Conference and an Outlier Briefing that looks at Apple's new BNPL product.
Sara Khairi | June 23, 2022
Daily

Daily Tearsheet: Say hello to Microsoft’s alternative to Excel, Amount and Stilt on the future of lending as a service, and the SMB Brexit

  • Microsoft is recommending a new alternative to its Excel-centric PFM.
  • As Brex abandons SMBs, lending as a service is filling in the void.
Sara Khairi | June 22, 2022
Daily

Daily Tearsheet: Credit Karma’s new cash back rewards program, Money 20/20 takeaways, and the challenges of ESG reporting

  • Tearsheet's daily coverage looks at Credit Karma's move deeper into payments and rewards -- this time, with a debit card.
  • Also, ESG and our takeaways from Europe's biggest fintech conference.
Sara Khairi | June 21, 2022
Daily

Daily Tearsheet: Chase CPO on the transformation of traditional banking, how the microchip shortage is affecting payments, and the SMB/fintech fairytale

Sara Khairi | June 20, 2022
More Articles