Home

Articles from Snap Finance

Snap Finance Releases 2024 Community Impact Report Highlighting Continued Commitment to Social Responsibility
Snap Finance, a leading provider of innovative and convenient pay-over-time financing solutions, has unveiled its 2024 Community Impact Report, detailing another year of significant social, economic, and environmental contributions made through its corporate social responsibility program, Snap Cares. The report showcases continued growth in volunteerism, philanthropic investment, and partnerships that drive meaningful change in communities worldwide.
By Snap Finance · Via Business Wire · June 10, 2025
Snap Finance® Mobile App Hits One Million Downloads as Consumers Take Control of Their Financial Journey
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announced that its mobile app has officially surpassed one million downloads, doubling its reach since hitting the 500,000 mark just six months ago. The app continues to earn strong customer reviews, averaging a 4.9 star rating across the App Store and Google Play.
By Snap Finance · Via Business Wire · June 3, 2025
Snap Finance Cleared as CFPB Dismisses Lawsuit with Prejudice
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, today announced that the Consumer Financial Protection Bureau (CFPB) has voluntarily dismissed its lawsuit against Snap Finance LLC and its affiliated entities with prejudice, effectively closing the matter.
By Snap Finance · Via Business Wire · May 28, 2025
Snap Finance Mobile App Awarded FinTech Breakthrough’s Best Overall FinTech Mobile App of 2025
Snap Finance LLC, a leading provider of innovative and convenient pay-over-time financing solutions, announced today that its mobile app has been named the Best Overall FinTech Mobile App in the 9th annual FinTech Breakthrough Awards program. This prestigious honor from FinTech Breakthrough, an independent market intelligence organization that highlights top companies and products in the global fintech industry, ​underscores the app’s standout performance in a highly competitive field. The FinTech Breakthrough Awards program attracts thousands of nominations from around the world each year, making Snap Finance’s win a significant achievement in the fintech sector.
By Snap Finance · Via Business Wire · March 25, 2025
Empowering Communities: Snap Finance Foundation Presents 2024 Grant Recipients
For the third consecutive year, the Snap Finance Foundation has awarded grants totaling more than $150,000 to 17 nonprofit partners for their exceptional work in the U.S., U.K., and Costa Rica – three countries with Snap Finance offices.
By Snap Finance · Via Business Wire · December 10, 2024
Snap Finance Appoints Ted Saunders as New CEO, Succeeding Founder and Current CEO Matt Hawkins
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, today announced that Ted Saunders will succeed Matt Hawkins as Chief Executive Officer. Hawkins, founder and current CEO, will transition to the role of Executive Chairman. This change is part of a strategic leadership transition plan, with Saunders set to fully assume the CEO role by January 1, 2025.
By Snap Finance · Via Business Wire · November 4, 2024
Snap Finance Unveils Key 2024 Holiday Shopping Trends With Insights Into Consumer Spending
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announces the results of its latest holiday shopping survey. The recent data highlights how income levels and generational perspectives influence consumers' shopping strategies, including the timing, methods, and budgeting of their purchases in today’s economic climate.
By Snap Finance · Via Business Wire · October 8, 2024
Snap Finance Data Highlights Shifts in Financial Stability and Consumer Spending Amid Economic Changes
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announces the results of its latest consumer spending survey. The recent data provides a detailed look into how varying income levels and generational perspectives shape financial stability and consumer behaviors in today’s economic climate.
By Snap Finance · Via Business Wire · September 25, 2024
Snap Finance Mobile App Reaches 500K Downloads
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announced that 500,000 customers have downloaded their Snap Finance mobile app, reaching this significant milestone in just a year of launching the app.
By Snap Finance · Via Business Wire · August 27, 2024
Snap Finance Releases Community Impact Report Highlighting Commitment to Social Responsibility
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, has unveiled its 2023 Community Impact Report, detailing the company's sustained efforts to make a significant positive difference in communities worldwide. This report highlights the substantial social, environmental, and economic impacts driven by the company’s philanthropic arm, Snap Cares.
By Snap Finance · Via Business Wire · July 9, 2024
Snap Finance’s New Digital Spot Named a Top Business-to-Consumer and Promotional Online Commercial in 45th Annual Telly Awards
Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announced today that its “When Life Happens” digital commercial spot received two silver awards in the 45th Annual Telly Awards for Business-to-Consumer and Promotional media in the Online Commercials category. The Telly Awards honors excellence in video and television across all screens and is judged by leaders from video platforms, television, streaming networks, and production companies.
By Snap Finance · Via Business Wire · June 25, 2024
Snap Finance Appoints Chief Compliance Officer, Chief Technology Officer, and Chief Financial Officer
Snap Finance (Snap), provider of fast, flexible pay-over-time digital financing options, has appointed three new members to its senior leadership team. Doris Hektor has been named as Snap’s Chief Compliance Officer (CCO); Gaurav Kohli has stepped into the role of Chief Technology Officer (CTO), and Tim King is the company’s new Chief Financial Officer (CFO). These new executive team members will bolster the company’s internal operating structure as it enters its next phase of significant growth.
By Snap Finance · Via Business Wire · July 27, 2021
Snap Finance Partners With Affirm to Expand Pay-Over-Time Financing Options for Retailers
Snap Finance (Snap), provider of fast, flexible, pay-over-time digital financing options, announced a new partnership with Affirm, a transparent alternative to credit cards. Retailers using Snap can now seamlessly integrate Affirm’s additional financing options to capture more revenue from high-intent shoppers and offer alternative payment options to the 40 percent of consumers who are building or rebuilding their credit profiles.
By Snap Finance · Via Business Wire · April 21, 2021