Citizens partners with Wisetack to extend BNPL power
Citizens partners with Wisetack to extend BNPL power
By John K. White
Another day, another?major fintech partnership ?involving BNPL.
This time it was?Citizens Financial Group ?announcing it is working with?Wisetack ?to offer a B2B2C service.
As a super-regional bank, Citizens has been at the forefront of fintech for some time, as deals with Apple, Best Buy, and Microsoft had them heavy in the consumer space. With the latest move, they've ramped up small business BNPL loans in a major way.
For Wisetack, this is their first partnership with a large bank.
Let's call this an early feel-good Friday win-win story.
FEATURED
By Kate Fitzgerald???Citizens Financial has teamed with Wisetack, which supports dozens of platforms connecting to thousands of home improvement, dental and veterinary service providers.
SPONSORED
Subscribe to The Fintech Blueprint for in-depth analysis of fintechs, DeFi & investing. From the mind of Lex Sokolin.
SPONSORED
FROM FINTECH NEXUS
At Fintech Nexus USA the Credit & Underwriting track is always one of the most popular. Here is a description of the track and links to the audio of all the sessions.
By Farhad Huseynli, Neuromancer, William Gibson's sci-fi novel, saw a future of decentralized networks, free from the constraints of concentrated power. The AIs were its alien gods.
PODCAST
This week Isabelle sat down with Adam Nash from Daffy to talk about modernizing donor-advised funds, and why its a under-utilised...
领英推荐
WEBINARS
Today, 2 p.m. EDT
One of the most crucial components of compliance is sanctions screening, which entails identifying and blocking transactions...
TWEET OF THE DAY
ALSO MAKING NEWS
The idyllic existence of Federal Home Loan bank leaders has persisted for 90 years. Now the castle walls may be crumbling.
Goldman Sachs has received several offers from investment firms to buy its BNPL-based home improvement lender GreenSky, according to press report.
The bank's treasury services?clients will now be able to disburse payments to those without bank accounts through MoCaFi.
Cryptocurrency firms besieged by the SEC might be lured to friendlier jurisdictions overseas, until they cause scandals that again lead to tighter regulation.
In the week since the Securities and Exchange Commission filed its lawsuit against Coinbase, buzz has been building in the crypto community about another case that could derail the security regulator's sweeping crackdown.
As the hammer of economics lands on fintech, multiple firms are getting acquired by incumbents, like banks. Last month, Fifth Third Bancorp acquired Rize Money, a payments infrastructure provider.
Money transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company's CEO Mark Lenhard told CNBC.
Kanastra, a capital markets infrastructure fintech in Brazil, is today announcing a $13 million seed round investment, one of the largest at this stage in Latin America.
For the full newsletter see here:?https://news.fintechnexus.com/subscribe/ CC:?Spiros Margaris?Efi Pylarinou?Urs Bolt?Richard Turrin?Mohamed Roushdy, MBA?Jason Mikula?Theodora Lau?Alex S. Lex Sokolin Props:?Bo Brustkern?John K. White Isabelle Castro Peter Renton Todd Anderson