The traditional banking setup has seen a complete overhaul with increasing technological advancements. It may seem like a new world, from loans in 59 minutes to digital wallets. All this has been made possible by embedded finance, which allows the integration of financial services into non-financial services. Its ecosystem is anticipated to grow at a […]
5 Ways B2B BNPL Benefits Lenders and What Lies Road Ahead
Like most emerging economies, India’s financial ecosystem is evolving rapidly and adapting to changing consumer requirements, regulations, and technologies. The B2B BNPL (Buy Now Pay Later) trend has quickly caught up with Indian consumers, primarily driven by the need for convenience and seamless access to credit. A barrage of BNPL startups has entered the Indian […]
How Is Technology Vital for the Positive Growth of BNPL Providers
The Buy Now Pay Later (BNPL) option, also known as interest-free loans, became exceedingly popular during the Covid-19 pandemic. Reports suggest BNPL services are expected to cross USD 7000 million in 2022 in India; 22% of consumers bought goods using this option. BNPL services are popular among the young, tech-savvy population and also those who […]
Can Banks Become a Part of the B2B BNPL Market?
The Micro, Small, and Medium Enterprises (MSME) sector requires small- to medium-scale credit with quick approval times and reasonable interest rates. It is generally difficult for these companies to provide collateral to procure loans. No wonder the business-to-business (B2B) buy now, pay later (BNPL) scheme has become a major boon for these companies. This scheme […]
Can B2B BNPL Potentially Unlock Growth Opportunities for Companies?
B2C (business-to-consumer) BNPL has been growing in popularity among millennials, particularly Gen Z. Millennials often lead the B2B buying process in their workplaces, just like in consumer markets. With the growing popularity of eCommerce and increased demand for digital payments in the B2B marketplace, B2B BNPL has emerged as a natural fit for customers looking […]
How Can B2B Buy Now, Pay Later, Twist the Rules of Trade Finance?
Buy Now Pay Later (BNPL) is now becoming quite popular in the B2B space. Statista estimates that the global market for business payments is $125 trillion. B2B BNPL added a new twist to the old concept of net payment terms. And today, more and more businesses are using it to purchase everything from office supplies […]