The next is an excerpt from right now’s International E-newsletter.
One other day, one other main fintech partnership involving BNPL.
This time it was Residents Monetary Group saying it’s working with Wisetack to supply a B2B2C service.
As a super-regional financial institution, Residents has been on the forefront of fintech for a while, as offers with Apple, Greatest Purchase, and Microsoft had them heavy within the client house. With the newest transfer, they’ve ramped up small enterprise BNPL loans in a significant means.
For Wisetack, that is their first partnership with a big financial institution.
Let’s name this an early feel-good Friday win-win story.
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