> After hovering around record lows for much of the pandemic, consumer delinquencies are rising across the industry.
> It lost slightly more than $1 billion in 2021 and $783 million in 2020, after accounting for operating expenses and money set aside to cover possible losses on loans
That seems like an enormous amount of money to support buy now and pay later
> After hovering around record lows for much of the pandemic, consumer delinquencies are rising across the industry.
> It lost slightly more than $1 billion in 2021 and $783 million in 2020, after accounting for operating expenses and money set aside to cover possible losses on loans
That seems like an enormous amount of money to support buy now and pay later