“In theory, it's a great product…in practice, it's quite dangerous…”

You’ve seen them in your checkout carts and they follow you online shopping: Buy-Now-Pay-Later companies have become significant players on the fintech scene.

In the inaugural episode of “The Pnyx”, your hosts Alex and Vikas discuss Affirm, Klarna, Afterpay and all the other actors that constitute the Buy-Now-Pay-Later (BNPL) phenomenon. Joined by panelists Marshall Lux and Jeremy Solomon, we dive deep into the pros and cons of BNPL, exploring its potential benefits for consumers, the inherent risks, and the implications for financial transparency and inclusion. This episode sheds important light on the complexities surrounding this popular, but still nascent financing model.

Show Notes & Links

• https://www.cnbc.com/video/2023/01/10/harvard-senior-fellow-mashall-lux-calls-buy-now-pay-later-financial-dynamite.html

• https://fintechfundamentals.substack.com/p/how-bnpl-really-works

• https://www.forbes.com/sites/vikasraj/2020/11/30/embedded-inclusive-fintech/?sh=795ae50310cc