Fiserv & Affirm partnership shows that BNPL demand is still growing 📈; Robinhood launches lending. Stock lending 💸; Accounting software for the Web3 age 👀

Good Morning FinTech, 6 May

Good day Everyone,

And happy Friday! The week is over, but before you go off, I invite you to explore 3 great FinTech stories that I’ve prepared for you today:

Fiserv & Affirm partnership shows that BNPL demand is still growing 📈

The partnership 🤝 Financial giant Fiserv has partnered with the US Buy Now, Pay Later (BNPL) heavyweight Affirm so merchants using Carat (Fiserv’s omnichannel commerce solution) can offer Affirm to their customers later this year.

More on this 👉 Affirm’s Adaptive Checkout offering will hence let customers view side-by-side biweekly and monthly payment options for each purchase.

It must be noted though that it’s yet another BNPL integration for Fiserv: the firm already works with Zip, and in October, it enabled Synchrony’s BNPL offering for small businesses using the Clover point-of-sale (POS) platform.

Despite regulatory concerns, BNPL doesn’t seem to stop growing anytime soon. Quite the opposite is seen actually as the consumers are increasingly showing a willingness to choose this payment method. Here’s the takeaway: