Amazon to Offer Buy Now Pay Later in Mexico via Fintech Kueski

Amazon.com Inc is partnering with Mexico fintech Kueski, which focuses on “buy now pay later options” and personal loans, to offer payments in bi-weekly installments in Latin America’s second-largest economy.

The partnership marks the first time Amazon Mexico will allow users without a credit card to make purchases of up to 12 bi-weekly installments. Kueski will provide the financing for the purchases as well as determine the credit given to each user, said Andrew Seiz, the startup’s head of finance, in an interview.

“It’s an exciting milestone, given Amazon is such a significant merchant in the context of Mexico,” ...