Finance Everywhere

Alibaba introduces Payment Terms, free trade financing for SMBs

  • Alibaba now offers trade financing on its platform.
  • The B2B marketplace will extend payment terms for up to 60 days for qualified buyers.
Zachary Miller | June 02, 2020
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Finance Everywhere, Lending

What will Walmart’s launch of BNPL through One mean for the industry?

  • Walmart is leveraging its fintech arm One to offer BNPL options to its customers, competing with existing players like Affirm, which already offers pay in four options in Walmart stores.
  • The entry of retail brands like Walmart into financial services could compel dedicated fintechs to offer more attractive financing options to maintain market share, while also allowing Walmart to deepen its customer relationships, particularly with younger consumers.
Rabab Ahsan | May 08, 2024
Business of Fintech, Finance Everywhere

As their popularity grows, more banks are eyeing gift cards as a loyalty perk

  • Consumer interest in gift cards remains high, with 56% planning to purchase them for major life events and 38% preferring them as Christmas gifts over physical items.
  • Given consumer interest, multiple FIs and fintechs are partnering with technology providers to offer gift cards and drive consumer loyalty and engagement.
Rabab Ahsan | March 28, 2024
Finance Everywhere, Who owns the customer

Apple faces regulatory troubles and payments are at the heart of it

  • Digital wallets are central to the recent lawsuit filed against Apple.
  • Although this lawsuit by the US Justice Department is new in the US, it builds upon precedent set by the EU.
Rabab Ahsan | March 26, 2024
Banking, Finance Everywhere

Zack Miller’s wake-up call to SMB banking realities on the Gusto Podcast

  • It's not often that Tearsheet editor Zack Miller finds himself on the other side of the mic.
  • Zack was a guest on Gusto's SMB Tech Innovator Podcast this week speaking about the challenges and opportunities to bank SMBs.
Tearsheet Editors | February 23, 2024
Finance Everywhere

Built for success? A deeper look at why users are so excited about Bilt Rewards

  • Bilt Rewards, a company that allows renters to earn rewards on their rent payments and neighborhood spend, has raised $200 million at a $3.1 billion valuation, led by venture capital firm General Catalyst.  
  • Dive into Bilt's business model and how the company started with an idea to make rent count towards ownership but then expanded to their current rewards-based model.
Rabab Ahsan | February 22, 2024
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