Buy Now, Pay Later: Navigating Regulation and Financial Empowerment
Key Takeaways Growing concerns and need for regulatory compliance in BNPL space The BNPL industry has significantly expanded from 2019 to 2021. There was an astonishing 970% surge in the loans issued by BNPL lenders. Also, BNPL users quadruple. Buy Now Pay Later (BNPL) has experienced an explosive surge in popularity thanks to its […]
Buy Now Pay Later: Striking the Balance Between Regulation and Innovation
LendTech Collective Monthly Newsletter | July 2023 (Edition:127) In this edition: BNPL Regulation and Compliance: How to Sustain Growth. Buy Now Pay Later (BNPL) has experienced an explosive surge in popularity due to its convenience, absence of interest rates, and streamlined approval process. The increasing adoption of BNPL has highlighted the growing significance of financial […]