Fintech Insider Podcast by 11:FS cover image

672. News: Will Goldman Sachs call time on Marcus?

Fintech Insider Podcast by 11:FS

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Are BNPLs a Better Option for Consumers?

Benjamin: I think one interesting trend with the BNPL space is the differences in different regional markets. All of these BNPL providers are fighting for US market share specifically. But in a lot of other countries, debt is stigmatized to a much greater degree than it is in the US. So acquiring customers there is just that much more difficult. Benjamin: Right now, BNPLs are still a more attractive option for consumers because if you can take out that same debt without getting reported to the credit agencies, without having your credit score danged, seems like a win for the customer.

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