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By Now Pay Later 2.0, what it means for fintechs and financial services providers
Manage episode 367247600 series 2968843
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By Now Pay Later is not something new. Offline, it’s a process that goes back several decades. Online we’ve started to see offers develop in the last 10 years with a real acceleration powered by fintech innovation in the last 5 years.
In the UK this market represents $27Bn and is expected to reach $55Bn by 2028 according to Payments Cards and Mobile.
Recently we’ve started to witness the appearance of what’s called BNPL 2.0.
According to CU today 61% of BNPL users would rather use a BNPL service offered directly from the merchant they’re buying from than go through a third party.
In this episode we’ll be speaking about BNPL2.0 and wonder if this is in fact the future, its advantages and pitfalls
Guests:
Geordie Laing – Head of Partnerships at Zing Cover
Thomas Bull – Partner at EY and Head of Fintech Growth
38 episoder
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