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Tag: Personal finance

New York Life’s $750M Bet on Affirm Signals Major Shift in Consumer Finance
BusinessStartups

New York Life’s $750M Bet on Affirm Signals Major Shift in Consumer Finance

The partnership between New York Life and Affirm represents a strategic move by traditional insurers into consumer lending. This $750 million commitment could support nearly $2 billion in annual loan volume for the buy-now-pay-later provider.

by Natalie BrooksOctober 31, 2025November 2, 2025
Barclays Bets $40B on US Consumer Loans with Best Egg Acquisition
BusinessInnovation

Barclays Bets $40B on US Consumer Loans with Best Egg Acquisition

Barclays is making a strategic push into the competitive US consumer lending market through its acquisition of Best Egg. The move comes as the bank exits its American Airlines credit card business, signaling a major digital transformation.

by Natalie BrooksOctober 28, 2025November 2, 2025

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