Surge In The BNPL Market Leads To Rise In Competitive Contenders

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ValueWalk

There has been a surge in the popularity of BNPL (Buy Now Pay Later) products that allow consumers to split purchases into installments this year, according to a recent CNBC survey. This surge is predicted to continue throughout the holiday season. Q3 2021 hedge fund letters, conferences and more BNPL Gains PopularityBNPL giants like Affirm, Klarna, and Afterpay have become household names in the United States and popular checkout options among consumers making online purchases. Although Buy Now Pay Later is not a new concept, it gained more popularity during the COVID-19 pandemic as millions …

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