Bnpl

A simple explainer on the two short-term credit options and how they affect your spending and repayments.

Buy now, pay later: How BNPL influences your credit score

Understand how short-term credit apps affect your borrowing history and future loans

Smart BNPL use: Low EMIs, fewer plans, no missed dues

Easy monthly payments can tempt overspending—keeping your Buy Now, Pay Later (BNPL) use small and planned protects your budget and credit score.

Buy Now, Pay Later: Convenient credit or a silent debt trap?

Buy now, pay later feels easy, but the hidden costs can sneak up on you if you’re not careful.

Can buy now pay later really help build your credit score?

Buy now, pay later services are gaining popularity among new borrowers, but do they actually help create a healthy credit profile?

RBI orders fintech Simpl to halt payment operations

The move comes after the Enforcement Directorate (ED) in July filed a case under the Foreign Exchange Management Act (FEMA), 1999, against Simpl and its founder-director, Nithya Nand Sharma, for alleged foreign exchange violations worth Rs 913.75 crore.

Amazon completes acquisition of Axio, to follow measured growth in lending

Even as the credit cards in the country explode, the ecommerce firm continues to see a good demand for the BNPL product from customers with a lower income level, and helps them build a good credit history

Credit cards vs BNPL for students: Which borrowing option makes more sense?

Both options offer short-term credit, but their costs, risks, and benefits differ for young borrowers.

ED files Rs 913-crore FEMA violation case against fintech Simpl

The company received foreign investment for technology-related products and services but used it for financial services without the approval of the government or the regulator, the ED has alleged

Snapmint secures $18 mn in a mix of debt and equity to expand its no-cost EMI platform

Snapmint’s Funding round led by Prashasta Seth, Perpetuity Ventures, and Pegasus Fininvest

How cybersecurity can ensure safe and swift digital lending transactions

Digital lending in India: Cybersecurity in digital lending isn’t solely the responsibility of the lending platform; it’s a shared duty that involves both lenders and borrowers.

BNPL startup Simpl hit by second round of layoffs, cuts 50 more jobs

The move comes less than a month after the Bengaluru-based fintech firm let go of about 160 employees, primarily in high-paying roles like engineering and product. While confirming the development, the company clarified that it is not 50 but 30 employees who are subject to the layoff.

BNPL startup Simpl lays off around 160 employees as part of cost-cutting measures

The layoffs, which sources said are aimed at becoming profitable by FY25, have most severely impacted Simpl's D2C checkout vertical

Should investors load up on the Paytm stock as losses narrow in Q3?

The fintech entity has improved its performance but the loan distribution business may continue to face pressure

Paytm’s sharp price fall – an overreaction or justified?

The fintech company’s valuation certainly appears more reasonable after the price fall, but are all the risks fully priced in is the question investors should be asking

Many companies abused BNPL: Upasana Taku, MobiKwik co-founder

Taku explained that while the purpose of buy now, pay later was to help expand the purchasing power of consumers by giving a small period of credit, some companies even gave cash loans in the name of BNPL.

PayU revenue up 21% on uptick in India credit business, LazyCard shutdown aids trading profitability

Prosus' payments and fintech segment recorded consolidated revenue of $497 million driven by India payments and credit in H1 of 2024. Prosus's payment arm PayU India recorded a revenue of $211 million.

Why BNPL firms need to balance convenience and responsibility

Buy-Now-Pay-Later has emerged as a favoured line of credit to millennials with low incomes and no credit history, it has also led to rise in delinquencies and a mess for those who couldn’t manage their EMIs. Lack of regulations also hasn’t helped

ZestMoney gets a lifeline, existing investors infuse capital

This comes months after Walmart-backed PhonePe called off its deal with ZestMoney over due diligence concerns that led to a huge setback for the BNPL platform.

OYO introduces Stay Now, Pay Later feature for travellers: Should you opt for it?

Stay Now, Pay Later provides customers with a credit limit of up to Rs 5,000. You need to settle the amount after 15 days of stay. One downside is that the credit limit is low for frequent and affluent travellers.

Role of regulation is very important in digital lending, says Amazon Pay India Whole-time Director

Vikas Bansal feels RBI's objective is very clear — to promote transparent and fair practices, and educate and protect customers. According to him, once the industry adjusts to the new standards that RBI has laid out, it will continue to grow.

ZestMoney to lay off 20% of workforce after PhonePe deal collapse

Founders and the top leadership team of ZestMoney held a Townhall on April 6 to inform the layoffs to employees. The company had about 450 employees and is planning to lay off across its workforce.

Bombay High Court dismisses PhonePe's trademark lawsuit filed against BharatPe's BNPL arm PostPe

In 2019, PhonePe filed a suit against BharatPe in the Delhi High Court alleging that by using the trademark ‘BharatPe’, the company had infringed upon the registered trademark of‘PhonePe’.

PhonePe's due diligence on ZestMoney was unsatisfactory: Sameer Nigam on deal collapse

Nigam’s comments on the ZestMoney deal falling through were the first official acceptance of the acquisition deal by PhonePe, which it was evaluating since last year and was first reported in November 2022. Both PhonePe, and ZestMoney had stayed away from commenting on it officially

ZestMoney weighs layoffs as deal with PhonePe falls through

On March 31, Priya Sharma, co-founder of the BNPL platform sent out a message to a few startups seeking help for outplacing ZestMoney employees. ZestMoney has around 450 employees