Will US Regulators Crack Down on the Buy Now, Pay Later Industry?

Buy now, pay later (BNPL) models have surged in popularity during the pandemic as an explosion of ecommerce has led to more demand for alternative payment options, especially among young people. That growth has sparked a flurry of recent deals among retail and payments companies, including Square’s $29 billion acquisition of BNPL provider Afterpay and…
Buy now, pay later (BNPL) models have surged in popularity during the pandemic as an explosion of ecommerce has led to more demand for alternative payment options, especially among young people. That growth has sparked a flurry of recent deals among retail and payments companies, including Square’s $29 billion acquisition of BNPL provider Afterpay and…