Buy Now Pay Later (BNPL) is a fintech trend that keeps on growing:
- Worldwide, BNPL adoption is growing steadily with a CAGR of 32.5% between 2022-2028
- In France, the BNPL market posted an annual growth of 82.6% between 2019-2020, reaching $4.1bn GMV
- In Germany, BNPL already accounts for 19% of ecommerce spend
- In the UK, £4 in every £100 currently spent is through BNPL
- In the USA, BNPL is poised to grow by 66.5% to reach $82 billion in transaction volume annually
BNPL is no longer just about challenger startups: it’s going mainstream. The time has come for established banks and lenders to take back the initiative and develop their own competitive embedded lending propositions.
“Here at FintechOS we’re extremely excited about the rapidly expanding opportunity space in BNPL and embedded finance generally. While many other activities around digital transformation are driven by necessity such as regulation and IT modernization, embedded finance presents a genuine once-in-a-generation race to capture new, profitable growth and differentiation opportunities.” - Michael Pierce, Commercial Director, Banking and Embedded Finance, W. Europe, FintechOS
Watch Selling with Partners. FintechOS BNPL solution to find out how FintechOS supports now digital teams in established banks and lenders to build and roll out embedded lending solutions suitable for Buy Now Pay Later (BNPL) ecommerce use cases, as well as strategies and technical options for grasping this opportunity as a FintechOS partner.
On the agenda:
- Why BNPL is so hot right now?
- FintechOS approach to BNPL
- References and lessons learned in real live BNPL projects
Recommended for: co-sell partners commercial representatives, business owners, financial and banking industry leaders, FintechOS practice leaders, delivery leaders, project management teams.
