Empower: US BNPL use has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating “phantom debt”
* AI bubble — * Wall Street bitcoin — * Private equity bubble — * adding the Buy Now Pay Later bubble, which is ... largely untracked!! — techcrunch.com/2025/11/16/b... this feeds to my theor...
UK-based BNPL startup Zilch raised $176.7M in equity and debt led by KKCG at the same $2B valuation as its 2022 funding, after raising $127M in 2024
Aisha S Gani / Bloomberg :
Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more
AnnaMaria Andriotis / Wall Street Journal :
Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic
Shashank Pathak / Entrackr :
Riyadh-based BNPL startup Tabby completes a secondary share sale of existing shareholders' stakes, valuing it at $4.5B ahead of a possible IPO
Klarna, which is planning a potential NYSE IPO as soon as September, is focusing on its banking push to boost revenue while shedding its image as a BNPL phenom
Aisha S Gani / Bloomberg :
Riyadh-based BNPL startup Tabby raised a $160M Series E led by Blue Pool Capital at a $3.3B valuation; CEO Hosam Arab is looking at an IPO in the next 18 months
Federico Maccioni / Reuters :
Klarna partners with Stripe to make its BNPL service available as an option to merchants using Stripe's payment tools in 26 countries, ahead of Klarna's US IPO
Ryan Browne / CNBC :
Adobe expects US BNPL spending to grow 11.4% YoY to $18.5B in Q4 2024; the Federal Reserve Bank of Philadelphia says most BNPL users make their payments on time
Hannah Lang / Reuters :
Adobe expects US BNPL spending to grow 11.4% YoY to $18.5B in Q4 2024; the Federal Reserve Bank of Philadelphia says most BNPL users make their payments on time
As Amazon's Prime Day kicked off the holiday shopping season this week, U.S. consumers are expected to spend a record $18.5 billion using buy …