faces

Affirm launches in UK, as ‘buy now, pay later’ market faces regulatory overhaul – Daily Journal

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Affirm launches in UK, as ‘buy now, pay later’ market faces regulatory overhaul – Daily Journal

Buy now, pay later (BNPL) giant Affirm is launching in the UK, its first market outside of North America. Its long-awaited arrival comes as British lawmakers consider new rules to bring BNPL companies in line with other traditional consumer credit services, although those laws are not expected to come into force until at least 2026 … Read more

Fintech loan SoLo Funds faces class action lawsuit – Daily Journal

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Fintech loan SoLo Funds faces class action lawsuit – Daily Journal

SoLo Funds faces a new class action lawsuit according to a copy seen by TechCrunch and first reported by Bloomberg. It accuses SoLo Funds of misleading consumers by advertising zero interest charges on the loans, while encouraging “tipping fees” and “donation fees” to obtain said loans. The complaint alleges that these are hidden fees that … Read more