Breaking News
Mambu’s Simon Hammerschmidt Discusses The Trend To Reevaluate Buy-Now-Pay-Later
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.”
People In This Post
Companies In This Post
- The Rise of Private Credit and the Need for Flexible Loan Servicing Read more
- 88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds Read more
- Axiology and Profitus Set Baltic Record with €3.4M Digital Bond Read more
- Equifax and Mifundo Open Access to Brazilian Credit Data for European Banks Read more
- SGX FX Adopts Chainlink to Make its Premium OTC FX Data Available to Thousands of On-chain Apps Read more
