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BNPL is not a winner-takes-all game

BNPL is not a winner-takes-all game

FromEquity


BNPL is not a winner-takes-all game

FromEquity

ratings:
Length:
22 minutes
Released:
Sep 10, 2021
Format:
Podcast episode

Description

Natasha and Mary Ann took over this week's show with Chris and Grace, which meant that our overdeveloped senses of curiosity filled up the script just fine (even on a somewhat short week). Unintentionally, today's episode was built around a theme of inclusion - from auto-insurance to women's health, and from payments to knowledge.But here are some more specifics on what we got into:For our funding round section, we discussed UK’s Marshmallow getting unicorn status for its more inclusive, big-data take on car insurance, Women’s health tech brand, Elvie, topping up its Series C to $97M, and an ambitious fintech play from Leap, which wants to give gig workers access to financial products by partnering directly to marketplaces. After getting past the dollars and the deals, I indulged by bringing up my latest piece: Edtech leans into the creator economy with cohort-based classes. The core of the story gets into a ton of tensions, the biggest of which I'd pose as a question to you: should anyone be allowed to be a teacher?Then we headed into Mary Ann's world of fintech to understand what I dubbed feels like national BNPL week. If I may, I'd argue that this is the can't miss segment of the entire show, as we made sense of why it's a global phenomenon, which markets are popping off, and what this means for the credit card industry. Below is a smattering of headlines we walked through.PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia Zip acquisition of Payflex means Africa is ripe for BNPL disruptionAddi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuationAnd then we ended by talking about an adorable, but potentially dangerous robot unicorn. Yep. You read that right.Remember when we were all thinking about what 'the new normal' would look like? Well, I guess it's here.
Released:
Sep 10, 2021
Format:
Podcast episode

Titles in the series (100)

Equity is TechCrunch’s venture capital podcast. In each episode, we bring you the numbers behind the headlines in Venture Captial. TechCrunch reporter Alex Wilhelm teams up with Danny Crichton and Natasha Mascarenhas to give a window into startup land.