More than two-fifths of buy now, pay later (BNPL) shoppers have borrowed money to make repayments. Some people are “relying on one debt to pay off another debt.” Younger customers were the most inclined to borrow to pay off BNPL purchases. According to Citizens Advice, more than two-fifths of buy now, pay later (BNPL) shoppers … Read more
KARACHI: AlfaMall, an e-commerce platform and Atlas Honda, have enabled customers to acquire their required means of transportation on installments in an affordable and convenient manner, a statement said. In celebration of Honda’s CD-70 motorcycle being the star performer at AlfaMall, sold on installments at zero per cent markup, both organisations hosted a prize distribution … Read more
RIYADH: Egyptian Buy Now, Pay Later platform Sympl has raised $6 million in seed funding just five months after it was founded and two months after a soft launch, Arab News reported. The funding round was led by Beco Capital along with A15, and Global Ventures, three of the region’s most established venture capital firms, Sympl said … Read more
