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 in the present day it introduced expanded performance.
The important thing improvement right here is post-purchase performance. We’ve began to see this from banks and fintechs, the place shoppers can convert a bank card transaction right into a BNPL cost plan.
Now, Galileo is bringing this to the broader market. They’re concentrating on each present lenders and those that haven’t any lending program in any respect, touting this program as an incredible 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 make the most of this secular development.
Featured
> Galileo Expands BNPL Providing for Banks and FinTechs
Galileo Monetary Applied sciences has launched an growth of its BNPL providing. The corporate now lets banks and FinTechs supply cardholders new post-purchase installment cost choices through their present debit or bank cards.
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