Is Buy Now, Pay Later here to stay?
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BNPL payment industry in Africa & Middle East has seen huge growth over the last four quarters, supported by increased ecommerce penetration along with the impact of economic slowdown due to disruption caused by COVID-19 outbreak.
According to the Q4 2021 BNPL Survey, the BNPL payment industry in the region is expected to grow by 99.8% on an annual basis to reach US$ 7187.8 million in 2022!
To dig deeper into the BNPL market we invited Ibtissam Ouassif, Co-Founder & Chief Product Officer at Cashew Payments, to address all Arjun's questions about this segment.
They also spoke about Cashew's latest partnership with Mashreqbank in which Cashew has secured up to $10 million in debt and equity financing.
Join us in the conversation about the evolution of the BNPL sector and find out more about:
- Ibtissam’s view on the current and future regulations of the BNPL ecosystem
- The non-profit Ibtissam is running in order to help the refugees and immigrants
- Why we should focus on Web3 and Metaverse