Doug Preston Joins equipifi as Head of Strategy
equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Doug Preston will be joining as its Head of Strategy.
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CREDIT UNION BUSINESS NEWS
Major Shopping Events: A Prime Opportunity for Member Engagement
Many consumers schedule their shopping activity around discount events like Prime Day and Black Friday. Consumer spending for these major retail events continues to set record highs. In fact, CNBC noted that 2022’s Amazon Prime Day was the largest to date, with shoppers purchasing nearly 300 million items (more than 100,000 items for every minute) during the sale.
equipifi Selected for Seventh FIS Fintech Accelerator Program
equipifi today announced that it has been selected to participate in the seventh FIS Fintech Accelerator program, in partnership with The Venture Center. The FIS Fintech Accelerator program brings bankers, subject matter experts, and financial service executives together with pre-vetted, market-validated fintech companies to advance the financial services industry.
When Banks Step up to Buy Now, Pay Later
Buy Now Pay Later (BNPL) has taken e-commerce by storm, as shoppers can now spread out payments over four interest-free installments thanks to services such as Klarna, Affirm and PayPal. But BNPL also gives banks that already offer a suite of digital services to their customers a rare opportunity.
BANK AUTOMATION NEWS
How Banks Can Attract Millennial, Gen Z Customers
Millennials and Gen Z customers are opting for a frictionless banking experience through automation in digital payments, loan approvals and money transfers. “If I’m a banker looking for ways to not only attract but retain the next generation, I need to make sure I have the right products and services,” Bryce Deeney, chief executive officer at equipifi said.
FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator
equipifi has been selected as one of ten fintech companies for FIS Impact Ventures's 2022 Accelerator program. The FIS Fintech Accelerator program is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies.
Empower partners with flexible, brandable BNPL solutions
Bryce Deeney, along with global security architect Arthur Miller and program expert Bill Simmons, founded equipifi in September 2021 to improve BNPL service offerings. The company, based in Scottsdale, Ariz., helps banks and credit unions not only address existing gaps, but also redefine BNPL as a flexible financing solution, stated Pat Scherz, chief experience officer at equipifi.
Finovate Awards Finalists Unveiled: Meet the 129 Finalists Across 23 Categories
The third annual Finovate Awards ceremony is taking place next month, which means our panel of 20 judges has carved down the list of nominees in 23 categories down to just 129 finalists. As always, competition this year was steep, so the finalist title is well-earned. equipifi is a finalist for the 2022 Finovate Awards in the Best BNPL Solution category.
The Very Point of Sale: Potential, Purpose, Possibility
Innovative thinkers are leveraging payment rails to create a deeper, richer customer experience. equipifi wanted to help financial institutions leverage customer relationships by aligning BNPL offerings with cardholders' financial goals.
Citizens Says Buy Now/Pay Later Lending is Best When it Stays in its Lane
As interest rates rise, nonbank lenders that use debt facilities for lending will see significant impact to their unit economics, said Bryce Deeney, CEO of equipifi. "As new regulation is brought in, third-party fintechs will have to adhere to these changes that level the playing field for traditional lenders to compete," Deeney said.
equipifi Raises $12 Million to Help Credit Unions Power BNPL
equipifi’s Co-founder/CEO Bryce Deeney stopped by to share the big news on how the fintech startup recently raised $12 million to help power financial institutions, credit unions in this case, with Buy Now, Pay Later (BNPL) tech.
A VMware Mega-Deal Would Add To Broadcom’s History Of Big-Ticket M&A
equipifi is an Arizona-based startup that helps financial institutions incorporate BNPL services into their existing debit cards and banking services. On Monday, it raised $12 million in a Series A round led by fintech investor Curql Collective.
The very point of sale: Stone soup with Obsidian Banking
The fintech community has brought an array of ancillary products and services, adding flavor and texture to Obsidian's stone soup. Buy now, pay later provider equipifi brought a customized, integrated BNPL solution to Obsidian's mobile banking app. The solution will extend personalized offers tailored to each end-user's financial health and ability to pay, the company stated.
Green Sheet interviews Obsidian Banking's Damon Kirk
Obsidian Banking, a fintech startup, designed a suite of banking and investment services created to decrease the racial wealth gap by helping Black millennials gain financial access. The Green Sheet spoke with Obsidian’s founder and CEO, Damon Kirk, who believes the path to financial literacy is paved with access and resources.
Move Over Klarna and Sezzle, Here Come Credit Unions - Fintech startup equipifi helps CUs enter the lucrative BNPL market
“Buy now, pay later” (BNPL) is taking the consumer market by storm. For anyone unfamiliar with the term, BNPL is simply a credit product that allows a consumer to split a single purchase into several payments that are automatically charged to the consumers debit or credit card.
equipifi Joins the Symitar Vendor Integration Program
equipifi, a fintech company providing credit unions and banks with a cloud-based, fully integrated white-label Buy Now, Pay Later (BNPL) solution for their members announced today that it has joined the Symitar® Vendor Integration Program (VIP).
Scottsdale startup Equipifi raises $3 million in seed funding to build out Buy Now, Pay Later platform
A trio of financial services veterans recently started a company called Equipifi and announced on Wednesday that it had raised $3 million in seed capital to help get operations up and running.