Fintech Insider Podcast by 11:FS cover image

708. News: Is Buy Now Pay Later regulation finally happening?

Fintech Insider Podcast by 11:FS

00:00

Onboarding - What's Your Instinct?

For Canadian fintech unicorns here, we've been mostly seeing a pullingback for a variety of reasons. We're mostly often tracking a variety of global players coming into Canada and offering services that aren't just matched here. Britain is setting out draft legislation to regulate by now Paylater credit saying the sector poses potential harm to consumers without thorough affordability checks. The sector nearly quadrupled during the pandemic in 2020 to 2.7 billion pounds or 3.28 billion dollars.

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