equipifi in the Press

SWBC

A BNPL Borrower Strategy That Builds Relationships

Times may be tough financially, but that does not mean consumers are skimping on necessities or sacrificing luxuries to get by. Many are leveraging a popular lending concept that facilitates short-term split payment options to finance their purchases. With digital tools powered by SWBC’s partnership with equipifi, financial institutions can give borrowers improved access to BNPL through their debit cards and online banking apps without changing how they bank or shop.

May 11, 2023

equipifi Wins Best of Show at CUNA GAC

equipifi, a fintech company enabling credit unions with buy now, pay later (BNPL) offers for purchases made on debit cards, was awarded with the CUNA Technology Council’s Best of Show Award at the 2023 CUNA Governmental Affairs Conference (GAC).

Mar 21, 2023

Industry Leaders Forum: Digital Transformation Advice, Part 2

Michelle Wilkinson, Senior Advisor of Retail Banking at equipifi, shares essential advice for credit unions on their digital transformation journey. "The most successful products implemented are those that make banking easier for the member without requiring them to change how they interact with their credit union and their existing digital app," says Wilkinson.

Mar 13, 2023

equipifi and ACU of Texas Partner to Bring Members Buy Now, Pay Later

equipifi, a white label SaaS company powering financial institutions with Buy Now, Pay Later (BNPL) announced that a growing number of credit unions on major banking cores can now offer BNPL to their members.

Feb 21, 2023

Industry Leaders Forum: The Biggest Tech Challenge of 2023, Part 2

Bryce Deeney, CEO of equipifi, explains that member data activation (or, putting your data to work) is the single biggest technology challenge credit unions face, and the most impactful investment they can make. Credit unions must stay ahead of their members’ financial needs and do so with agility. Data will show credit unions how members are purchasing and paying, and signals about their overall financial health.

Feb 1, 2023

Consumer Protection Is The Next Step For The BNPL Marketplace

The accelerated growth of buy now, pay later usage led the global industry to reach a $179.5 billion valuation by mid-2022. BNPL and the ways this solution is available today have also come under the scrutiny of consumer protection institutions, such as the Consumer Financial Protection Bureau. What types of gaps in consumer protection efforts are drawing regulatory attention?

Jan 25, 2023

equipifi Wins Audience Choice Award at 2022 FIS Fintech Accelerator Virtual Demo Day

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that it was selected as the Audience Choice Award winner at this year's FIS® Fintech Accelerator Program's Virtual Demo Day.

Jan 5, 2023

How Financial Institutions Can Design a Balanced BNPL Solution

Current BNPL solutions have been better at facilitating the "buy now" part than fulfilling the "pay later" aspect. Financial institutions have access to valuable insights that they can use to better understand consumers and tailor BNPL solutions to their specific needs.

Dec 19, 2022

How Banks And Credit Unions Can Create a Top of Wallet Experience for Consumers

As the holiday season continues and the cost-of-living rises, shoppers are searching for meaningful yet budget-friendly gifts for loved ones. Consumers need financial flexibility to make large purchases without using their entire paycheck to do so. Buy now, pay later solutions continue to rise in popularity as consumers search for the best way to budget for high-ticket gifts and festive goods.

Dec 9, 2022

Helping Consumers Save During And Beyond This Holiday Season

Members are looking for ways to manage their spending in the face of rising inflation. Here’s how credit unions can help.

Dec 7, 2022

Fintech Partnerships: A Sign of the Times

Scottsdale, Ariz.-based equipifi, a fintech company providing banks and credit unions with a white label buy now, pay later (BNPL) solution, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program.

Dec 6, 2022

Women in Technology: equipifi’s Colleen Shannon

Finopotamus spotlights innovative women who are positively impacting technology applications in the credit union industry, and beyond. For this issue, we visited with equipifi’s Chief Financial Officer Colleen Shannon. The Scottsdale, Ariz.-based company provides banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution.

Nov 22, 2022

How Buy Now, Pay Later Has Changed The Payments Landscape

With the rise of e-commerce and inflation, consumers are seeking more transparent and flexible payment options. Buy now, pay later (BNPL) has been rapidly adopted by Americans as a preferred form of payment.

Nov 1, 2022

BNPL Fintech equipifi Integrates Into Q2’s Platform

The move comes as more people look to BNPL services through their trusted financial institution. The Scottsdale, Ariz.-based fintech company equipifi has worked with a number of credit unions over the years with its Buy Now, Pay Later (BNPL) solutions that are integrated to align debit cardholder’s payment preferences and financial goals.

Nov 1, 2022

Looking to Nurture Your Member Relationships? Take Them Shopping

What do discount shopping events like Prime Day and Black Friday mean for credit unions? With the growing uptick in Buy Now Pay Later (BNPL), it means a lot.

Oct 28, 2022

CFOs Juggle Needs of In-House Teams and External Customers

At any company today, but especially at a startup, chief financial officers (CFOs) must be ready to do several jobs, help teams throughout the organization and partner with customers. CFO Colleen Shannon joined equipifi in September, bringing extensive experience in Software-as-a-Service (SaaS), startups and venture- and private equity-backed companies.

Oct 27, 2022

MAP Partners with equipifi

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced its partnership with Member Access Processing (MAP), the nation's leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform for credit unions.

Oct 27, 2022

New Partnership Brings BNPL Solution to 100 Credit Unions

CU clients of card processing aggregator MAP can now access equipifi’s white-label Buy Now, Pay Later solution.

Oct 7, 2022

Buy Now, Pay Later The Member-Friendly Way

Advantage Plus has entered the BNPL arena and is crafting a solution to ensure members don't overextend themselves.

Oct 3, 2022

White Label BNPL Firm equipifi Names Doug Preston 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.

Sep 20, 2022

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.

Sep 9, 2022

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.

Aug 31, 2022

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.

Aug 26, 2022

Listen

ENGAGEFI

Ready for Buy Now Pay Later? The Data Says You Should Be!

equipifi’s white label BNPL solution integrates with banks and credit unions to curate offers consumers can view, accept, and manage on their existing banking apps. By offering a BNPL solution that is connected to the banking core and leveraging equipifi’s proprietary decision engine, debit cardholders can pay for purchases in a way that aligns with their financial health and goals.

Aug 16, 2022

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.

Aug 15, 2022

Listen

AMERICAN BANKER

A 'Behind the Scenes' BNPL Firm Seeks to Bring Banks to the Market

The buy now/pay later market has a big gap that needs to be bridged between fintechs on one side and old-school lenders on the other.

Aug 11, 2022

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.

Aug 10, 2022

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.

Aug 8, 2022

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.

Aug 3, 2022

Colleen Shannon Joins equipifi as Chief Financial Officer

equipifi a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Colleen Shannon will be joining as its Chief Financial Officer.

Aug 2, 2022

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.

Jun 27, 2022

Barbarians at the Gate – Again! Apple Jumps Into BNPL

Bryce Deeney is the CEO of equipifi, a Scottsdale, Ariz.-based company that helps community financial institutions enter the BNPL space. He told Finopotamus that he believes Apple Pay Later is simply a loss leader for Apple.

Jun 13, 2022

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.

Jun 7, 2022

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.

Jun 5, 2022

Finix goes head-to-head with Stripe

equipifi, a fintech company providing banks and credit unions with a white label buy now, pay later (BNPL) solution, completed a $12 million Series A funding round.

May 29, 2022

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.

May 24, 2022

equipifi Secures 12M to Equip FIs with Buy Now, Pay Later

US-based fintech equipifi has secured USD 12 million to provide financial institutions (FIs) with BNPL capabilities through their debit cards and banking apps.

May 24, 2022

Klarna to cut 10% of workforce as it braces for recession

For those consumers that do want to use BNPL, there is no shortage of options: yesterday, Equipifi, a fintech company that provides banks and credit unions with a white-label BNPL solution, raised US$12mn in Series A funding.

May 24, 2022

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.

May 23, 2022

Equipifi secures $12 million to scale its Buy Now, Pay Later credit union software

Equipifi, a Scottsdale software startup, has raised $12 million in series A financing to help the company scale up its Buy Now, Pay Later offerings for financial institutions.

May 23, 2022

Fintech Startup equipifi Raises $12 Million to Power Financial Institutions with Buy Now, Pay Later

Series A funding round to drive company's growth and expand BNPL solutions for financial institutions, seven customers already signed

May 23, 2022

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.

May 2, 2022

Bryce Deeney of equipifi on the Future of Money and Banking

Bryce Deeney is the CEO and co-founder of equipifi, which is modernizing the way consumers shop and pay for their purchases by setting up financial institutions as a major player in the future of retail.

May 1, 2022

Startups to Watch: These 10 Arizona Tech Companies are Poised for a Breakthrough Year

equipifi is one of the top 10 Valley startups AZ Inno has picked as ones that will be in a good position to see big gains in the coming year.

Jan 21, 2022

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.

Jan 20, 2022

The Fintech 2.0 Award for Member-Facing Technology

If your credit union isn’t on the BNPL (that’s Buy Now, Pay Later) train yet, it’s time to buy your ticket. Millennials and Gen Z—especially those with disposable income—use BPNL for purchases of all sizes.

Dec 22, 2021

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).

Nov 29, 2021

equipifi Announces Integration with Q2's Digital Banking Platform to Offer Buy Now, Pay Later Services for Financial Institutions

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced its integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending.

Nov 29, 2021

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.

Nov 5, 2021

equipifi Announces $3 Million Seed Round Financing

FinTech SaaS Company Provides Banks and Credit Unions with Buy Now, Pay Later (BNPL) Solution to Grow and Engage Existing and New Members

Nov 3, 2021

SWBC and equipifi Partner to Bring Debit Card BNPL to Financial Institutions

Stay Up to Date on equipifi

SWBC

A BNPL Borrower Strategy That Builds Relationships

CUNA

equipifi Wins Best of Show at CUNA GAC

FINOPOTAMUS

Industry Leaders Forum: Digital Transformation Advice, Part 2

YAHOO! FINANCE

equipifi and ACU of Texas Partner to Bring Members Buy Now, Pay Later

FINOPOTAMUS

Industry Leaders Forum: The Biggest Tech Challenge of 2023, Part 2

FORBES

Consumer Protection Is The Next Step For The BNPL Marketplace

PR NEWSWIRE

equipifi Wins Audience Choice Award at 2022 FIS Fintech Accelerator Virtual Demo Day

TEARSHEET

How Financial Institutions Can Design a Balanced BNPL Solution

DIGITAL TRANSACTIONS

How Banks And Credit Unions Can Create a Top of Wallet Experience for Consumers

CU MANAGEMENT

Helping Consumers Save During And Beyond This Holiday Season

FINOPOTAMUS

Fintech Partnerships: A Sign of the Times

FINOPOTAMUS

Women in Technology: equipifi’s Colleen Shannon

FORBES

How Buy Now, Pay Later Has Changed The Payments Landscape

CREDIT UNION TIMES

BNPL Fintech equipifi Integrates Into Q2’s Platform

FINOPOTAMUS

Looking to Nurture Your Member Relationships? Take Them Shopping

PYMNTS

CFOs Juggle Needs of In-House Teams and External Customers

PR NEWSWIRE

MAP Partners with equipifi

CREDIT UNION TIMES

New Partnership Brings BNPL Solution to 100 Credit Unions

CREDITUNIONS.COM

Buy Now, Pay Later The Member-Friendly Way

FINEXTRA

White Label BNPL Firm equipifi Names Doug Preston Head of Strategy

CREDIT UNION BUSINESS NEWS

Major Shopping Events: A Prime Opportunity for Member Engagement

PR NEWSWIRE

equipifi Selected for Seventh FIS Fintech Accelerator Program

BANKADELIC

When Banks Step up to Buy Now, Pay Later

ENGAGEFI

Ready for Buy Now Pay Later? The Data Says You Should Be!

BANK AUTOMATION NEWS

How Banks Can Attract Millennial, Gen Z Customers

AMERICAN BANKER

A 'Behind the Scenes' BNPL Firm Seeks to Bring Banks to the Market

FIS

FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

GREEN SHEET

Empower partners with flexible, brandable BNPL solutions

FINOVATE

Finovate Awards Finalists Unveiled: Meet the 129 Finalists Across 23 Categories

FINOPOTAMUS

Colleen Shannon Joins equipifi as Chief Financial Officer

GREEN SHEET

The Very Point of Sale: Potential, Purpose, Possibility

FINOPOTAMUS

Barbarians at the Gate – Again! Apple Jumps Into BNPL

AMERICAN BANKER

Citizens Says Buy Now/Pay Later Lending is Best When it Stays in its Lane

CU BROADCAST

equipifi Raises $12 Million to Help Credit Unions Power BNPL

TECH CRUNCH

Finix goes head-to-head with Stripe

FORBES

A VMware Mega-Deal Would Add To Broadcom’s History Of Big-Ticket M&A

THE PAYPERS

equipifi Secures 12M to Equip FIs with Buy Now, Pay Later

FINTECH MAGAZINE

Klarna to cut 10% of workforce as it braces for recession

GREEN SHEET

The very point of sale: Stone soup with Obsidian Banking