Business
Should ASX investors succumb to the Buy Now, Pay Later FOMO? – Small Caps
As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue…
As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, its stepped up another level in terms of revenue usage trends and valuations.
Among investors, fear of missing out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in persuading consumers to spend money they dont have on items they probably dont need.
For the BNPL naysayers, times are tough because it now takes a brave pundit to take a contradictory position…
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