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- 24° TRENDS
- 03 September 2024 12:50 to 13:10
Panel Discussion: The Rapid Rise and Regulatory Challenges of the Buy Now, Pay Later Industry
The BNPL industry is rapidly growing due to increased adoption by younger generations like Gen Z and Millennials. However, this growth brings challenges, particularly with regulatory scrutiny; EU, US, and UK are considering stricter regulations to address consumer risks such as overextension and data protection. Despite these challenges, the BNPL market is projected to continue expanding, with global transactions expected to reach nearly $450 billion by 2026.
Speakers
Grant Niven
Founder and Partner
Mingzulu
Lizzie Chapman
Co-Founder
SwiffyLabs
Leda Glyptis
Advisor for the European Market
FinScan