GajiGesa, a fintech company focused on services for Indonesian workers, announced today that it has raised $6.6 million USD in pre-Series A funding. The round was led by MassMutual Ventures, with participation from January Capital, European earned wage access company Wagestream (EWA is GajiGesa’s flagship feature), Bunda Group, Smile Group, Oliver Jung, Northstar Group partners […]
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Website hosting and building company Squarespace is partnering with Stripe and Afterpay to give small business owners and creatives the opportunity to offer a buy-now-pay-later (BNPL) option to their customers.
Stripe initially partnered with Aussie BNPL giant Afterpay, allowing merchants using Stripe to offer payment in installments.
The pair are now offering that integrated service to e-commerce platforms, with Squarespace becoming the first to sign up.
According to Afterpay, some 83% of retailers see a drop in shopping cart abandonment when they offer a flexible payment option.
But, BNPL is typically the domain of larger retailers, and hasn’t been easy to implement for small businesses.