Buy now, pay later is actually an old product with a new design. It sells very well. BNPL has also adapted to the needs of younger consumers (particularly Gen Z) and technology.
Young consumers are at some risk, but for the most part, these young consumers need to be aware of how much they are spending while managing their finances wisely and carefully.
Q: Can we apply the BNPL concept to investments?
Of course, why not? Overall, this is a great innovation and requires some thought from policymakers to ensure that young consumers and communities are adequately protected from excessive credit risk