Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL

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Buy Now, Pay Later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice.

But BNPL companies have attracted some controversy, too, for encouraging people who are less financially secure to take on debt without fully explaining the associated risks.

Kasheesh, a fintech startup that’s less than two years old, came out of stealth today with a product its founders say can benefit consumers by offering flexibility that’s similar to BNPL, but without taking on a loan.

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Author / Journalist: Anita Ramaswamy

Category: Technology

Topics: Sales Venture capital ECommerce Bnpl Mastercard Finance Credit card Odell Beckham Jr. Recent Funding Ceo Funding Apple Venture Capital Online payments Plaid Tribe Capital Buy now pay later Money Finance Economy Fintech startup Player Stripe Nfl Anthemis Startups Courtside ventures Fintech National Football League Payments TC

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 12:00:05

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 807 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 5922

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