buy now pay later

‘Made too easy’: ‘Buy now, pay later’ schemes ensnare consumers in Malaysia in web of purchases, debt

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PERSPECTIVE OF A BNPL PROVIDER  The three major providers of BNPL services in Malaysia last year were Shopee, Grab, and Atome. According to the CCOB, these three providers made up 97 per cent of all BNPL transactions.  Mr Alain Yee, Head of SeaMoney and ShopeePay Malaysia, told CNA that in a similar method to using … Read more

‘Is That Where We’re at Now? Financing Bread and Milk?’: Using Klarna’s ‘Buy Now, Pay Later’ for Groceries

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A Reddit user expressed shock in a post after finding out he could pay for milk and bread in instalments. Financing for milk and bread? Yes, you read that right—Klarna’s “Shop Now Pay Later” app allows you to buy groceries and shop for almost anything from top brands across the globe, such as Nike, Instacart, … Read more

These CEOs aim to make financial services more accessible to consumers

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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday … Read more