BNPL Provider Collapses, Impacting Users Globally
The buy now, pay later (BNPL) sector has revolutionised the way consumers shop and manage their finances. However, the rapid growth of this sector has not been without its challenges. Some BNPL services have found themselves in financial distress, leading to voluntary administration or receivership. A recent example of this is Laybuy, a once-prominent BNPL […]