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Affirm and Afterpay are reevaluating their loyalty strategies, shutting down their existing rewards programs as the industry shifts toward paid subscription models. ....
In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and more! For spend management startup Brex, this was the case for its employee headcount. As things have come down to earth, Brex is attempting a reset, announcing this week it cut 282 employees, or nearly 20% of its staff, in a restructuring. ....
Fintech Klarna Enters Subscription Market With Launch Of Klarna Plus In The United States crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
As buy now, pay later (BNPL) firms look to drive profits beyond the small cut they take of each transaction, Klarna is the latest to turn to a subscription… ....
BNPL Firms Launch Subscriptions in Effort to Boost Margins pymnts.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pymnts.com Daily Mail and Mail on Sunday newspapers.