BNPL: The Golden Opportunity for Financial Service Providers?
Update: 2024-07-15
Description
Listen in on a conversation that took place at Money20/20 in Las Vegas with SoFi focused on Buy Now, Pay Later. In the rapidly evolving world of Buy Now, Pay Later services, established providers often base lending decisions on limited customer data. However, this approach has garnered increased scrutiny and regulatory attention due to potential risks. This heightened focus on digital point-of-sale financing models presents an opportunity for financial services players to enter the market. By leveraging their advantages, they can better serve the rapidly growing demand for these services and seize a potentially transformative market opportunity.
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