Tag: Creditspring

Black Friday BNPL risk: 16m Brits unaware of debt dangers

Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.

Young adults face mental health crisis linked to cost of living,...

A recent study from responsible lender Creditspring reveals alarming insights into the dire state of mental health among young Brits due to the escalating cost of living crisis. With financial stress reaching unprecedented levels, almost half of the youth admit to witnessing a significant decline in their mental wellbeing.

16 million UK residents unaware of debt risk with BNPL

Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...

Complaints against BNPL firms surges by 36%

Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.

Nesta reveals 15 finalists for FinTech challenge

Nesta has revealed the 15 finalists for its Open Up 2020 Challenge, with each receiving between £50,000 to £100,000 to support development.

Creditspring raises £2m funding, as it prepares for launch

UK-based personal finance platform Creditspring has raised £2m in its funding round led by BDT Capital’s Chip Dunn leading the investment.

Download the free AIFinTech100 report


Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week