FinTech news in electronics category

The credit card is one of two options — the second via the mobile app — consumers can use to access CredPal’s BNPL services when they visit a partner store to shop for items ranging from electronics, particularly smartphones, to furniture and groceries. To that effect, CredPal, one of the earliest pioneers of buy now, pay later in Nigeria, has closed a bridge round of $15 million in equity and debt — the latter constituting a very large chunk of the financing — to expand its consumer credit offerings across Africa.

While Twig may be seeking to minimize/offset its own energy usage/carbon footprint, the bigger potential environmental impact is likely to be from secondary (for want of a better word) usage — aka, any consumption, energy use and CO2 emissions that Twig’s users and suppliers generate as a result of what its platform enables them to do.