Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...
Buy-now, pay-later services like Klarna and Afterpay seemed to be having a moment with Gen Z, but attitudes might be changing ...
FICO (NYSE: FICO), global analytics software provider, released key guidance and takeaways from a study that has recently analyzed the impact of including ‘Buy Now, Pay Later’ (BNPL ...
BNPL, also known as point-of-sale loans, is kind of like a modern-day layaway option: Consumers can buy items online or in-store, and then split up the cost of a purchase over a few weeks or a few ...
Interest rates are unlikely to rise in 2025, regardless of the relatively doveish stance of the Federal Reserve in the United States, which reduces the probability of BNPLs going insolvent in 2025.
In fact, a survey from Affirm found that 56% of people were interested in using BNPL to fund their holiday shopping. Retailers — including Amazon, Walmart and Target — have caught on to the ...
The bank will need to dramatically add to that network as it faces other financial institutions that have warmed to BNPL, and firms such as Klarna, Affirm and Afterpay that have gotten a headstart.
Buy now pay later (BNPL) fueled more spending this holiday season. BNPL is a short-term financing option that lets shoppers pay for purchases over time, usually with zero or low-interest rates.
"Buy now, pay later" (BNPL) schemes surged in popularity for online purchases since the COVID-19 pandemic and allows consumers to split payments over time into smaller, interest-free installments.
The idea is that Qomodo lets small businesses improve their cash flow and increase revenue with a BNPL solution which lets consumers make flexible, interest-free installments on items purchased in ...