Capitalize on BNPL Growth with Fintech ETFs & Stocks
AFRMAffirm(AFRM) Zacks Investment Research·2024-03-20 02:00

As food prices continue to soar in the United States, more Americans are turning to Buy Now, Pay Later (BNPL) options to manage their grocery expenses and stay afloat financially. Research from PYMNTS Intelligence shows that last year, approximately 15 million consumers, accounting for 6.5% of the US population, utilized BNPL installment loans to cover groceries or manage weekly food expenses, as quoted on Yahoo Finance. Among these users, about 5.4% were low-income households. Interestingly, even higher-in ...