High
Fintech & Finanças
Buy Now Pay Later (BNPL)
Affirm, Klarna, and Afterpay dominate but with negative margins. Regulation tightening.
📊 Evidence
- • Klarna valuation down 85%
- • Affirm with operating losses
- • Rising defaults
- • Apple and PayPal entered market
⚠️ Risks
- • Structurally high defaults
- • Apple Pay Later is existential threat
- • Credit regulation tightening
- • Model depends on low rates
💡 Opportunities
- • B2B BNPL for businesses
- • High-ticket niches (healthcare, education)
- • White-label for e-commerce
- • Emerging markets
Verdict
Market consolidating. Only giants survive in general retail.
78
of 100
Saturation Score
High saturation. Proceed with caution.
Trend
↓ Falling
Category
Fintech & Finanças