Axios

@axios ↗

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Last Checked Oct. 7, 2022

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Sat Jul 16 13:25:29 +0000 2022

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Axios @axios

Now growth is slowing dramatically. In October and November of 2020, BNPL orders were growing at a 528% year-on-year pace. By January and February of this year, that number had fallen to 53%. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

The pandemic boom led many to focus less on margins and profits, especially as new entrants thickened the competition. "Klarna was profitable in the first 14 years of its life, and then went with the growth play," former Klarna exec Derek Joyce. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

BNPL activity still doesn't affect consumer credit scores. But over the past six months, the top three U.S. credit bureaus — Equifax, TransUnion, and Experian — have all begun working with BNPL firms. https://t.co/zQ7aAzwx03 — PolitiTweet.org

Posted July 16, 2022 Hibernated