Description

In our last episode we got an introductory glimpse into the world of Buy Now Pay Later or BNPL as it is called. In this episode, we thought we would take a much deeper look into the world of BNPL and what goes on behind the scenes. Hemant and Elroy explore the following in this episode:

• Definition of BNPL
• History and origins of BNPL
• Size of the BNPL market
• The BNPL business model
• How BNPL makes money
• Regulatory approaches to launching BNPL

So if you want to understand BNPL in a nutshell - this is the episode for you.

Additional Information

• Unit Economics and Prince Jain (08 Nov 2020), The Lure of Buy Now, Pay Later
• The Generalist (22 Nov 2020), The Checkout as a Territory
• The Generalist (09 Dec 2020), Affirm: The Morality of Money
• The Ken and  Bhumika Khatri (11 Dec 2020), Simpl, LazyPay, and the future of Buy Now Pay Later in India

Errata

When we recorded the episode we mentioned Klarna has a valuation of 10+ Billion dollars; since then it has raised another round and is well over 40+ Billion dollars. BNPL moves that fast !!!