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The New Criterion s Tim Boreham discusses whether it s not too late to jump on the BNPL gravy train
Should investors succumb to the BNPL FOMO?
By Tim Boreham, Editor, The New Criterion
As with the coronavirus, the buy now pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations.
Among investors,
Fear of Missing Out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in persuading consumers to spend money they don’t have on items they probably don’t need.