FF News Logo
Saturday, September 06, 2025

Breaking News

Gemini Launches Staking and Derivatives for EU Customers Pave Finance, an AI-Powered, Institutional-Grade, Personalized Wealth Management Software Company Raises $14m in an Oversubscribed Seed Financing ebankIT to Unveil Industry’s Leading AI Transactional Banking Assistant Using Agentic AI at FinovateFall 2025 Varo Bank to Accelerate Responsible and Customer-Focused AI Efforts with New Chief Artificial Intelligence Officer Asmau Ahmed Tangram Taps INSTANDA to Accelerate Launch of Fully Customizable E&S Insurance Product for Security Guard Industry Q2’s AI-Driven Enhanced Payee Match Detects 3x More Suspected Fraud For Customers In Its First Year Lead Bank Closes Series B Fundraising Round equipifi® Joins the Jack Henry™ Fintech Integration Network and Expands Access to Bank BNPL Elliptic Powers Risk Intelligence for BVNK’s Layer1 – Enabling Stablecoin Payments, Trading and Settlement at Scale Elysian Raises $6M Seed Round to Redefine Insurance Claims Services with AI-Native Platform PayPal Selects Nova Credit to Power U.S. Cash Flow Underwriting Weyay Bank Empowers Customers With Hide Your Money From Yourself Campaign 1Money Secures 34 U.S. Money Transmitter Licenses and Bermuda BMA Class F License to Support Stablecoin Payments Worldwide Spinwheel Secures Strategic Investment from Citi Ventures to Accelerate the Future of the Consumer Credit Ecosystem Pointsville Secures Series A Funding Led by Valor Capital Group with Global Strategic Partners to Accelerate Asset Digitization & RWA Growth

Cross River and Fly Now Pay Later Fuel Rapid Roll Out Travel Financing

Fast-growing British fintech Fly Now Pay Later, which offers consumers a new and more flexible way to finance travel, has signed a deal with Cross River Bank, the New Jersey-based financial services organisation and Banking-as-a-Service (“BaaS”) provider.

Under the agreement, Fly Now Pay Later will utilize Cross River’s FDIC License to serve consumers in the U.S. The partnership will also facilitate the rapid rollout of Fly Now Pay Later’s product lines to a range of existing partnerships at checkout, and to a wider direct-to-consumer audience via the business’s ‘anywhere’ app.

It means that US consumers will no longer be required to pay for travel in full at the time of booking – easing the financial burden of arranging a trip and helping to facilitate a smoother and less stressful booking experience, through spreading the cost over time.

A recent study showed that two in three respondents would be more likely to buy from a travel provider if it allowed them to pay in instalments. 

The partnership between Cross River and Fly Now Pay Later comes at the perfect time, as travelers gear up to begin exploring the world once again.

“There are tens of thousands of people who have families around the world who need a frictionless way to finance their flights,” said Jasper Dykes, CEO of Fly Now Pay Later. “By removing financial boundaries, we hope to open the post-covid-19 world for travelers and reconnect people with their friends and families around the globe. As a trusted financial services organization, Cross River’s expertise and innovation, together with Fly Now Pay Later’s flexibility and affordability, will allow customers an entirely streamlined and stress-free solution when financing travel.”

Defying the downturn, Fly Now Pay Laterfounded by CEO Jasper Dykes (32) in 2015, recently secured a further £10m ($14m) in Series A funding, bringing its total to £45m ($62m). It now serves thousands of consumers in the UK, US, and Germany.

Fly Now Pay Later is aiming to create over $1B of enterprise value within the next 18 months, driven by the success of its direct-to-consumer app, checkout integrated solution with and the rapidly expanding Buy Now Pay Later sector.

Adam Goller, Head of Fintech Banking at Cross River said; “Our ability to adapt and build technology to meet the demands of businesses and consumers is what sets us apart.”

“We’ve seen how consumer behavior has changed in recent months, and now, with our partnership with Fly Now Pay Later, we are excited to fuel new ways to finance travel.”

Since its launch in late 2015, Fly Now Pay Later has focused on building a best-in-class product around its audience and their purchasing habits; seeing demand and customer loyalty solidify in the process.

It can be used to book flights, hotels, package holidays, car hire, and more and offers frictionless financing options to support businesses and the end consumer.

People In This Post

Companies In This Post

  1. Gemini Launches Staking and Derivatives for EU Customers Read more
  2. Pave Finance, an AI-Powered, Institutional-Grade, Personalized Wealth Management Software Company Raises $14m in an Oversubscribed Seed Financing Read more
  3. ebankIT to Unveil Industry’s Leading AI Transactional Banking Assistant Using Agentic AI at FinovateFall 2025 Read more
  4. Varo Bank to Accelerate Responsible and Customer-Focused AI Efforts with New Chief Artificial Intelligence Officer Asmau Ahmed Read more
  5. Tangram Taps INSTANDA to Accelerate Launch of Fully Customizable E&S Insurance Product for Security Guard Industry Read more
Sibos | FFNews