Marco Santiloni’s Post

🚀 Big Moves in Fintech! Walmart’s #One is stepping up its game with a new buy now, pay later option, directly challenging leaders like Affirm. As they expand into lending, it's clear Walmart is not just a retail giant but a growing fintech contender. What do you think about traditional companies making such bold moves in fintech? Is this the future of integrated financial services? #FintechEvolution #WalmartOne #BuyNowPayLater #InnovationInFinance

Walmart and One are partnering up, possibly sparking a competition in both retail and fintech. With One's move into lending, they aim to become a financial superapp, challenging existing players like Affirm and Capital One in Walmart's ecosystem. https://hubs.li/Q02wWVWp0 #WalmartPartnership #FintechInnovation #ConsumerLending

Walmart BNPL, from Capital One to One, and taking aim at lending Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores. (Affirm has been the exclusive provider of installment loans for Walmart customers since 2019). This move isn't just confined to lending. Walmart recently ended its credit-card partnership with Capital One, hinting at possible plans for One to take over management of Walmart's co-branded and store cards. One is driving the leveling up Walmart's financial game; it's also a strategic move to counter fintech players like PayPal (with merchants/end users) and Chime (with end users). One's majority ownership by Walmart, with its huge and loyal customer base, gives it a unique advantage. https://lnkd.in/deeh6Q6v

Walmart's secret fintech weapon revealed ---------------------------------------------- Walmart's fintech startup One just launched its own BNPL offering, going head-to-head with Affirm. But here's the real story... Walmart is making a bold play to own the entire lending experience. By cutting out the middlemen, they'll have total control over the customer relationship, data, and profits. I believe this is just the tip of the iceberg. The infrastructure behind embedded lending has reached a tipping point. White-label platforms like Jifiti are making it drop-dead simple for retailers and banks to launch their own custom BNPL products in weeks, not years. Imagine the power of combining Walmart's scale with a fully branded BNPL experience, tailored to each customer's unique profile and shopping habits. It's like having your cake and eating it too - all the control of an in-house build with the speed of an off-the-shelf solution. Walmart's move is just the first domino. Who's next? 

#Walmart Backed #Fintech Launches #BNPL As It Pushes Further Into #Lending. #One, makes a thunderous entry into the #BNPL arena, launching its service across over 4,600 #US stores. This move pushes it into direct competition with #Affirm, the reigning #BNPL leader and Walmart's exclusive #loan provider since 2019. With both #BNPL offerings at checkout, customers can now flex their spending power with ease, tapping into loans ranging from $100 to several thousand dollars, sporting annual interest rates of 10% to 36%. Yet, not all purchases qualify—while #electronics, #jewelry, and more are BNPL-eligible, #groceries and certain other items remain exempt. One's leap into lending isn't just about offering loans; it's a strategic move to position itself as a financial #superapp, changing how #consumers #save, #spend, and #borrow. As Walmart's #Fintech arm expands its footprint, a battle royale brews in the #retail arena. With billions in potential revenue on the line, the competition intensifies, threatening to reshape the landscape of American finance. For Walmart, it's a calculated step towards slashing #banking costs and venturing into lucrative financial services space. Morgan Stanley predicts a windfall of up to $4 billion in revenue if #One ventures into investing and beyond. And with BNPL gaining steam among consumers—second only to digital wallets in popularity—One's timing couldn't be more impeccable. As demand soars, interest rates climb, and the summer shopping frenzy kicks in, #Walmart's fintech arm stands poised for a game-changing victory. #buynowpaylater, #ecommerce #financialservices #retailers #millennials #genzs #posloans #technology #installmentloans #bigdata #creditcards #debit

Have you caught the biggest fintech news of the week yet? 📰 Here’s what’s making waves in the industry: • Nuvei expands its footprint by acquiring Amsterdam-based fintech, Payaut, strengthening its position in the platform economy. • Satispay secures a €60M funding round to supercharge growth and innovation in digital payments. • Klarna makes a bold move as it confidentially files for a U.S. IPO, signaling its next phase of expansion. • PayPal unveils a new feature for shared expenses, introducing a money-pooling option for its users. Which one are you keeping an eye on? Let us know!👇 #FintechNews #Payments #Innovation

🌐 Swedish Fintech Klarna Eyes US IPO, Riding on Booming US Market (the business of money) Read more about Klarna's strategic move as they capitalize on the booming US economy. With the US being their largest market, Klarna aims to leverage the consumer spending surge anticipated in the coming year. 📈 Despite significant valuation downgrades for both Klarna and their recent partner Adyen in the past year, this move signals a return to sanity in the post-pandemic fintech world. It's a bold step for Klarna, given the evolving landscape of Buy Now, Pay Later (BNPL) services. Check out the full article for insights into Klarna's plans and the latest trends in the fintech space: https://lnkd.in/e5ApxeEf #twentyfold #fintech   

There are always ways to improve your business. Exhibit A, the behemoth Walmart, who introduced buy now pay later (BNPL) technology in their stores. Implementing BNPL solutions has been shown to increase a business's AOV and conversion rates. And it's available for any size of business. As a small-business owner, growth and improvement must always be the focus. If you do not grow, you will die. https://lnkd.in/eZn7Njvy

Thursday fintech post   🏔️ It’s a long way to the top. Buy now, pay later giant Klarna has filed for its much-anticipated IPO in the US. The details have not been disclosed yet, but the media has a valuation number hovering around $20B. Klarna was founded in 2005 as a B2B factoring company called Kreditor. Then, it pivoted to instalment payments, which fit the needs of Sweden’s finance market. With the further digitalisation of finance (Sweden is one of the biggest innovators and advocates of money digitalisation), the company grew and developed. Leading to 2021, Klarna became a BNPL beast, it was a huge success, and the company had a $40B valuation at the time. Then comes the harsh reality: cheap money has ended, rates were rising, and everyone from every corner screamed, “BNPL IS DEAD!!! IT’S UNSUSTAINABLE BUSINESS MODEL!!!”. High delinquency rates, profitability issues, and 85% valuation cut to $6B. Nevertheless, the company took the hit well. It managed to cut costs dramatically, reaching $1.23B in revenue and $66M (1H’24) in profit in 2024. The company improved its credit underwriting mechanisms and partnered with OpenAI for better work efficiency, and its delinquency rates look lower than those of the general market. The team did immense work. Now, Klarna is launching products every now and then, partnering with Adyen and Xero, and after teasing the finance community with how capital-efficient it has become in press releases and reports, it is filling for an IPO. That potentially can be a textbook example for other companies. Right management plus a full understanding of your business combined with work and talent can end up in one of the greatest comeback stories in fintech. Interesting things to listen/read: Rex Salisbury  & Simon Taylor share their opinion on how Trump’s victory can impact fintech:  https://lnkd.in/eMas7pfP Rainforest issued a guide on Embedded payment pricing models for vertical SaaS: https://lnkd.in/e2cfA_V8 #Fintech #BNPL #IPO #VC #Investments #Lending #Payments

Peter Davey, venture partner at Alloy Labs Alliance , has pointed out that Pay By Bank will offer Walmart "Day Zero access to funds". https://lnkd.in/gxDKy6PH. I don't think there is a cards vs others binary as much as there isn't a cash vs others binary. I still think cards are way ahead on marketing and rewards and universal acceptance. But #liquidity matters. Cash flow is key for all merchants. Some might-justifiably-shrug and say hey nothing new, we pay by #UPI and #Pix and so forth. True but different markets have different dynamics. And even in markets where #RTP seems saturated, there are still recurring payments, refunds/ #chargebacks, rewards, fraud protection and credit- all of these- to consider. What about #supplychain payments within retail? Then there are big ticket and small ticket purchases and boom, credit and incentives pop up again. There's a larger issue. Customer and merchant support, especially during transactions going bad or infra failing. This is a fairly large canvas across which a lot is happening and a lot is waiting to happen. It's not a binary and everything has not been settled yet. We haven't seen if RTP driven volumes can sustain startups in the long run. We haven't talked b2b. If you are looking to transform your payments infra, hook in more features from third parties, agentify your CX and get more insights, talk to us. We have what it takes. #payments #realtimepayments #paybybank