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March 16 2023

Mambu’s Simon Hammerschmidt Discusses The Trend To Reevaluate Buy-Now-Pay-Later

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Simon Hammerschmidt, Global Head of Strategic Partnerships at Mambu, talks to FF News about the recent trends in the Buy-Now-Pay-Later space and how that section of the fintech industry may perform differently in the years to come.

“Certainly in the UK Market, I’m seeing headlines about people paying their bills via pay later. You know Iceland, one of the big retail outlets in the UK is offering buy-now-pay-later on grocery shopping and you kind of look at the moral side of that and say, well are you actually recreating some of that? Some of that credit that caused problems in the early days when we had a credit crisis. I think it’s an interesting moral dilemma given the current macroeconomic situation we’re in.”

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Simon Hammerschdmit

Simon Hammerschmidt

Mambu

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Mambu | Fintech Finance

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  1. EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
  2. FreedomPay Drives Global Merchant Innovation

    Event Videos

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  3. FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences

    Fintech

     Read more
  4. Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure

    Funding

     Read more
  5. Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds

    News

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