Flipkart's payments app Super.money is expanding into e-commerce, enabling users to purchase items through interest-free installment plans. The move broadens the company's fintech offerings beyond payments.
Super.money, owned by Indian e-commerce giant Flipkart, now allows customers to shop directly on its platform with flexible payment options. Users can split purchases into installments without interest charges, targeting budget-conscious consumers.
The expansion positions Super.money as a standalone shopping destination rather than a payment-only service. It leverages Flipkart's existing infrastructure and merchant relationships while tapping into the growing demand for buy-now-pay-later (BNPL) services in India.
The fintech sector in India has seen rapid growth, with multiple players offering installment-based purchasing. Super.money's integration of shopping and payments consolidates the user experience on a single app.
Flipkart previously launched Super.money as a standalone payments application, competing with services like PhonePe and Google Pay. This shopping feature signals the company's strategy to create a more comprehensive financial services ecosystem.
Truth Social's parent company is refocusing on its media business and a $6 billion merger with TAE, pulling back from cryptocurrency partnerships while exploring a paid API for premium access to posts.
The US Office of the Comptroller of the Currency has denied Dutch fintech Bunq's application for a national bank charter, citing insufficient clarity on the company's US expansion strategy.
Restart, a gaming media site launched in late 2024 and sponsored by Walmart, has laid off its entire editorial team. The cuts were announced Friday by former editor-in-chief Brandy Berthelson.
Data center operator Switch has filed confidentially for a US IPO that could launch as soon as November. Venture capitalist Ben Horowitz is joining the company's board.