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Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. Bork will spearhead Sezzle’s enterprise business development efforts, as the company focuses on client acquisition following its recent capital raise.

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ConnexPay raises $110M for tech enhancements

BankInovation

Payments technology platform ConnexPay secured a $110 million investment last week from growth equity firm FTV Capital to help support technology enhancements and grow its international team, according to a release.

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

Silicon Valley FinTech Affirm is also a regular in the top 5 this year. In May, the New York-based FinTech cut a deal with payments platform Stripe , giving consumers more credit to access at checkout. Rounding out the top 5 of PYMNTS Provider Ranking of Alternative Credit Apps at present is BNPL player QuadPay.

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What eInvoicing Standardization Could Mean For AP Automation

PYMNTS

The Federal Reserve Bank of Minneapolis’s Payments, Standards and Outreach Group published a report in 2016, “ U.S. A FinTech Opportunity. Adoption of Electronic Invoicing: Challenges and Opportunities ,” which explored the potential for the U.S. payments system. “But But they are still a long way off,” he noted.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The Tech Award – Goes to Capital One.

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Slump In China Investment In US Tech Continues

CB Insights

acquisition of Minneapolis-based global remittance provider MoneyGram by Ant Financial. Fintech: 2017 Year-in-Review & 2018 Trends. In the briefing we’ll highlight 2017 trends and explore what’s ahead for fintech in 2018, looking across payments, wealth management, insurance, and more.

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Sezzle Scoops Up $500k Investment from Brussels-based E-Merge

Fintech Labs Insights

Courtesy of Brussels-based fintech fund, E-Merge, Sezzle is $500,000 closer to its fundraising goal of $1.5 “We’ve already put some of this capital to use,” he wrote. Founded in January 2016 and headquartered in Minneapolis, Minnesota, Sezzle demonstrated its Sezzle Pay technology at FinovateSpring 2016.