BFM Podcast
BNPL - Rougher Seas Ahead?
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.
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