03-May-23 10:00

Shafik Ali, Founder & CEO, du-it Malaysia

Buy Now Pay Later (BNPL) firms saw incredible growth in 2021 when transaction volumes jumped 4 times to $120 billion, according to GlobalData. However, despite the very fast growth, does the fear of lower consumer spending, higher interest rates, and a change in consumer finance regulations indicate rougher seas ahead for the industry?

We explore this with Malaysia-based BNPL platform that helps SMEs utilise BNPL for their businesses.