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Affirm and Splitit struck partnerships to shore up growth as market uncertainty takes a toll on the BNPL sector.

As the cost of living rises, the range of different industries accepting BNPL is diversifying.

The launch highlights Bread鈥檚 post-rebrand growth strategy, and diversified offerings should help Bread compete in the shaky BNPL market.

The card network is said to have started automatically enrolling merchants in its BNPL program. But some providers have financial concerns and have opted out.

As economic pressures weigh down on consumers, 20% plan to use BNPL to help stretch their holiday budgets, per TSG and ETA.

The number of US BNPL users has doubled since 2021, even though firms can鈥檛 fund rewards as richly as issuers do. But they do have retail connections.

Consumers look for deals, flexible payment options this holiday season: Over three-quarters of shoppers plan to hunt for discounts, while BNPL use is set to soar amid financial constraints.

GreenSky may be an attractive acquisition as consumers rely more on BNPL for essential purchases

BNPL providers must develop consumer rewards programs to effectively compete within consumer payments.

The most informative sessions unpacked providers鈥� increased alertness around fraud, the next era of BNPL, attendees鈥� excitement over open banking innovation, and fintechs鈥� efforts to align with regulators.

To keep up the momentum, the BNPL provider launched a Pay-in-2 product so it can expand into new payment categories

With their respective commerce media network announcements in spring 2024, Chase and PayPal joined buy now, pay later (BNPL) fintech Klarna and neobank Revolut in the burgeoning world of FMNs. Financial services companies boast their cross-merchant, holistic view of consumer spending behavior as a key differentiator to advertisers.

However, Gen Zers are the second-most likely to consider BNPL essential for the holiday season (41%), right behind millennial parents (42%). Gen Z consumers and millennial consumers will make up 64.9% of total BNPL users in the US this year, with 24.6 million and 31.6 million users, respectively, per our forecast. US BNPL payment value will rise 20.8% to reach $94.29 billion this year.

The BNPL provider embarked on a full restructure to regain growth and achieve profitability

Checkout solutions should support a range of payment options such as digital wallets, mobile payments, and buy now, pay later (BNPL). They can also automatically apply coupons, discounts, and loyalty program membership information. The checkout space is becoming a nexus that helps store retailers connect the dots to their online operations.

BNPL volume is mostly online, but fintechs like Klarna are driving more in-store adoption to keep up their growth momentum as the maturing industry鈥檚 volume is decelerating.

Buy now, pay later (BNPL) will play a major role in how consumers shop this holiday season as they seek out budget-friendly ways to pay. To capture a bigger share of holiday sales, BNPL provider Klarna has introduced a new suite of tools to help bridge the digital-physical gap with AI-powered technology and shoppable media.

On today鈥檚 episode, we discuss the Fed raising interest rates and how that is impacting fintech lenders. In our 鈥淗eadlines鈥� segment, we discuss recent developments in fintech and buy now, pay later (BNPL). In 鈥淪tory by Numbers,鈥� we select two numbers that tell a story about the challenges neobank lenders are facing and two numbers about their untapped opportunities. And in 鈥淧retend CEO,鈥� host Rob Rubin challenges Ahon Sarkar, general manager of Helix by Q2, to pretend he鈥檚 the newly hired CEO of a monoline BNPL company. Tune in to the discussion with Rob Rubin and Ahon Sarkar.

Our research validates that Klarna is at the cutting edge of BNPL innovation, offering 35 of 49 features selected by our analysts based on their ability to differentiate BNPL providers.