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ARTICLE · 14 SEPTEMBER 2021

Buy Now Pay Later - Growing And Evolving

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The model is here to stay and seen as an obvious alternative to legacy store and credit cards.

United KingdomFinance and Banking
Luke Stubbs
Luke Stubbs

In recent weeks a number of stories have broken which show the huge growth of Buy Now Pay Later and its continuing potential to disrupt how we make (and how businesses will take) payment for goods and services. 

These include Square (whose chief executive Jack Dorsey is also Twitter's CEO) announcing a $29bn offer for Afterpay, Amazon's partnership with Affirm, Ikea's investment in Jifiti, and Klarna's valuation at $46bn in June. Most recently, online Bank Revolut has announced its intention to move into the space and international provider Zip (who our team has supported with its UK expansion over the last 18 months) has completed a number of international acquisitions and partnerships.  

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