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The buy now pay later (BNPL) market has stuttered over the last 12 months with a combination of interest rate hikes impacting the cost of credit and the prospect of increased regulation leading to a sharp downgrade in the value of some of its largest players in the B2C space.
Coming directly after Santander announced its new platform, research published by Kriya, shows that the leaders of UK B2B firms do not plan to offer BNPL on their e-commerce sites for another 3.23 years, despite 92% of them having heard of the term Embedded Finance.
Research published for the first time today by Kriya, the new name for fintech platform MarketFinance, shows that the leaders of UK B2B firms do not plan to offer ‘buy now, pay later’ terms on their e-commerce sites for another 3.23 years, despite 92% of them having heard of the term Embedded Finance.
Alongside the rebrand, Kriya has appointed three new board members to help its growing pivot to B2B payments and embedded finance.
Riding the wave of technological change has been an exhilarating journey for accountants.
With over a million diamonds globally available from sellers all over the world, working with a customer to find the right item, such as an engagement ring, can be a huge challenge for retailers operating in the highly fragmented global jewelry market.
MarketFinance, the leading fintech credit and payments company, has secured a £30m credit facility from Viola, the Israeli technology investment group, to expand its B2B Pay Later embedded finance offering for SMEs.
MarketFinance, the leading fintech credit and payments company, has secured a £30m credit facility from Viola, the Israeli technology investment group, to expand its B2B Pay Later embedded finance offering for SMEs.
Firms have largely spent the emergency state funding provided during the pandemic, raising the prospect of rising distress as many battle against inflation and a deteriorating economy.
MarketFinance has announced three winners of it's first Business Booster Fund. The winners will all receive £5k and business support from the team.
Culture is really important to us at MarketInvoice. Of course we take our work very seriously but we also make time for fun.
MarketInvoice funds invoices from UK businesses worth £161.9m in Q2 2017 – record quarterly funding since launch.
Making Yorkshire famous for wool production across the world once more, reconnecting it to its wooly heritage.
Uber transformed the taxi industry forever. The same digital change is now coming for business e-commerce.
New Kriya research finds that UK B2B firms with e-commerce operations do not plan to offer ‘buy now, pay later’ terms to their customers for another 3 years, despite 92% knowing what Embedded Finance is, and how it helps accelerate their revenues with more sales and 5x higher order values.
Sole traders make up 56% of the UK’s private sector business population, yet they’re a chronically underserved group when it comes to financing options.