There is a growing group of startups looking to expand the BNPL model into other categories that are arguably more important than purchasing a new product.
When the economy was booming, the Buy Now Pay Later (BNPL) space thrived. But as inflation and interest rates have risen, consumer-focused players in this space have struggled with increased regulatory defaults and less discretionary spending.
French startup Alma is creating a new buy-now-pay-later (BNPL) behemoth in Europe. The company has closed a Series C round of 130 million dollars (115 million euros).
re now, pay later" (BNPL, Buy Now, Pay Later), which offer their fully digital services associated at the time of sale are emerging around the world and gaining momentum among investors.
n Opy, the US subsidiary of the Australian fintech Openpay, to allow all its card customers in the United States to pay in installments for purchases in the healthcare and automotive segments.
Fintech has been in the doldrums for some time now, and with companies like Brex once again cutting staff while trying to control costs it's easy to assume that the market for fintech products is struggling.
An avalanche of deep discounts and the growth of flexible payment options were the drivers of $9.800 billion in online sales in the United States during Black Friday
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