The COVID-19 pandemic has teed up a growth opportunity for the buy now, pay later (BNPL) financial industry, as recession worries made people receptive to entering short-term payment plans that can fit in a budget.
The broadening of the BNPL market to include both installment lending and deferred debit models has also made it easier for consumers and merchants alike to cozy up to this new generation of financial products that had already found success with
Because of the spotlight on the BNPL market, one company,