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Associated Press
28-02-2025
- Business
- Associated Press
Finland Buy Now Pay Later Business Report 2025: Payments to Grow by 11.9% to Reach $3.78 Billion this Year, Driven by Klarna, Afterpay, Paypal, Revolut, Viabill, Smoothie, Billie - Forecast to 2030
The 'Finland Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2025 Update' report has been added to offering. The BNPL payment market in Finland is expected to grow by 11.9% on annual basis to reach US$3.78 billion in 2025. The BNPL market in the country experienced robust growth during 2021-2024, achieving a CAGR of 19.6%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 8.4% during 2025-2030. By the end of 2030, the BNPL sector is projected to expand from its 2024 value of USD 3.37 billion to approximately USD 5.66 billion. This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry in Finland, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. The BNPL market in Finland continues to evolve, driven by sustainability, digital trust, and deep integration with advanced fintech ecosystems. Major platforms such as Verkkokauppa and Zalando cater to eco-conscious consumers, offering financing options for high-cost, environmentally friendly purchases, including energy-efficient appliances and home improvements. Finnish fintech leaders like OP Financial Group and Klarna emphasize regulatory compliance, transparency, and responsible lending, enhancing consumer trust and adoption. Sustainability-Driven BNPL Growth Finnish consumers are among Europe's most eco-conscious, prompting BNPL providers to offer green financing options. Verkkokauppa, for instance, provides installment plans for products such as solar panels and EV chargers. BNPL market is expanding into eco-friendly sectors such as renewable energy, supporting Finland's sustainability-driven consumption patterns. Integration with Digital Ecosystems Providers like OP Financial and Klarna embed BNPL options within banking apps, offering seamless integration for secure payment management. This partnership approach strengthens adoption by leveraging established digital ecosystems. Innovations such as customizable installment terms and transparent repayment conditions foster trust in digital financial services. Omnichannel Growth in Retail Offline BNPL adoption is growing, particularly in sectors like home improvement and healthcare. Retailers such as Gigantti and IKEA Finland have integrated BNPL to enhance the shopping experience for big-ticket purchases. Providers aim to offer consistent payment experiences across online and physical stores, reflecting evolving consumer preferences for flexible spending. Resilient Market Dynamics Unlike markets facing high inflation, Finland's BNPL sector benefits from stable financial conditions. In 2024, moderate inflation of around 2% prompted cautious spending, but high standards of living continue to support discretionary purchases through BNPL. Consumers increasingly use BNPL as a budgeting tool, spreading payments for high-value goods without incurring interest. Strengthened Consumer Protection BNPL services in Finland are classified as credit products and must comply with strict EU-aligned regulations. Providers are required to ensure transparency on repayment terms and fees, fostering consumer trust and market stability. Providers adhere to the General Data Protection Regulation (GDPR), safeguarding customer data and maintaining trust in digital transactions. Diversification Across Sectors BNPL providers are investing in green financing solutions, supporting the installation of renewable energy systems in residential properties. New BNPL services for wellness and medical expenses are gaining traction, offering installment plans for elective surgeries, dental care, and other healthcare services. Competitive Landscape and 2024 Developments Local players such as OP Financial Group and Klarna dominate the market through partnerships with major retailers. New entrants, including PayPal Credit, are expanding their reach via collaborations with e-commerce platforms. In early 2024, Klarna introduced AI-powered personalization for BNPL services, enhancing user engagement with tailored repayment plans. OP Financial launched a healthcare-focused BNPL solution in collaboration with private medical providers. Providers prioritize forming alliances over mergers to strengthen distribution networks and expand into non-retail sectors such as education and travel. Outlook for the Next 2-4 Years BNPL providers will likely invest in AI to refine credit scoring and offer personalized payment solutions, boosting long-term customer engagement. Increased focus on green financing and healthcare will drive diversification. Providers that adapt to sustainability goals are expected to maintain a competitive edge. As regulations evolve, market players must balance compliance with innovation to navigate Finland's stringent consumer protection landscape. Key Attributes: Report Attribute Details No. of Pages 88 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $3.78 Billion Forecasted Market Value (USD) by 2030 $5.66 Billion Compound Annual Growth Rate 8.4% Regions Covered Finland Scope Finland Buy Now Pay Later Market Share Analysis by Key Players Klarna Afterpay Paypal Revolut Viabill Smoothie Billie Finland BNPL Market Size and Spending Pattern Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later Revenue Analysis Buy Now Pay Later Revenues Buy Now Pay Later Share by Revenue Segments Buy Now Pay Later Revenue by Merchant Commission Buy Now Pay Later Revenue by Missed Payment Fee Revenue Buy Now Pay Later Revenue by Pay Now & Other Income Finland Buy Now Pay Later Operational KPIs & Statistics Buy Now Pay Later Active Consumer Base Buy Now Pay Later Bad Debt Finland BNPL by Purpose Convenience - Short Term Loans Credit - Long Term Loans Finland BNPL by Business Model Two-Party (BNPL offered by retailers) Three-Party BNPL Offering Finland BNPL by Merchant Ecosystem Open Loop System Closed Loop System Finland BNPL by Distribution Model Analysis Standalone Banks & Payment Service Providers Marketplaces Finland BNPL Analysis by Channel Online Channel POS Channel Finland Buy Now Pay Later in Retail Shopping: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Home Improvement: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Travel: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Media and Entertainment: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Services: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Automotive: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later in Others: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Finland Buy Now Pay Later Analysis by Consumer Attitude and Behaviour Sales Uplift by Product Category Share by Age Group Share by Income Share by Gender Adoption Rationale Monthly Expense Segments For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: FINLAND EUROPE Copyright Business Wire 2025. PUB: 02/28/2025 10:20 AM/DISC: 02/28/2025 10:19 AM
Associated Press
28-02-2025
- Business
- Associated Press
Buy Now Pay Later Business and Investment Databook 2025
The 'Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2025 Update' report has been added to offering. The global BNPL payment market is expected to grow by 13.7% on annual basis to reach US$560.1 billion in 2025. Global BNPL market experienced robust growth during 2021-2024, achieving a CAGR of 21.7%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 10.2% during 2025-2030. By the end of 2030, the BNPL sector is projected to expand from its 2024 value of USD 492.8 billion to approximately USD 911.8 billion. This report provides a detailed data-centric analysis of the global Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the regional and country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. The global BNPL market continues to grow, driven by evolving consumer expectations for flexible payment solutions and increasing integration across digital platforms. Major providers such as Klarna, Afterpay, PayPal, and Affirm are expanding their footprints, while region-specific players like Tamara (Middle East), MercadoPago (Latin America), and Kredivo (Southeast Asia) focus on localized offerings. In 2024, regulatory changes across multiple regions, technological advancements, and key partnerships have significantly reshaped the BNPL landscape. Global competition intensifies, with providers investing in personalized services, AI-driven credit assessments, and ESG (Environmental, Social, and Governance) initiatives to sustain growth. Key Insights The global BNPL market is evolving with significant regional differences in adoption patterns. In developing regions like Africa and Southeast Asia, BNPL serves as a financial inclusion tool, while in mature markets like North America and Europe, it offers convenience and budgeting flexibility. Consolidation is reshaping the competitive landscape, particularly in regulated markets with rising operational costs. Technological advancements in AI-driven credit management and personalization enable providers to optimize risk while enhancing the user experience. However, compliance with diverse regulatory frameworks will be critical to sustaining growth across multiple regions. Over the next few years, BNPL will solidify its role as a core payment method globally, expanding across both retail and essential service sectors. Regional Dynamics Shape BNPL Growth and Adoption The BNPL market varies significantly across regions based on economic structures, consumer behavior, and credit access. Developing markets in Africa, Latin America, and Southeast Asia rely on BNPL for financial inclusion, whereas developed regions like Europe and North America prioritize convenience and payment flexibility. For instance, Lipa Later is integrating with mobile money systems to target unbanked populations in Kenya, while Klarna in Sweden offers tailored, AI-driven repayment plans to digital-native users. Economic disparities and differences in credit infrastructure drive these regional variations. In emerging economies, limited access to traditional credit products has created a strong demand for installment-based services. Meanwhile, consumers adopt BNPL for discretionary spending and optimized budgeting in developed markets, where credit penetration is high. Providers will increasingly adopt localized strategies, tailoring their offerings to meet regional demands. Consolidation will occur in mature markets, while partnerships with mobile networks and fintech platforms will fuel growth in developing regions. Technological Innovation Focuses on Personalization and Risk Management Global BNPL providers are investing in AI and machine learning to enhance credit risk assessments and personalize payment options. Affirm has introduced dynamic payment schedules in the US, while Riverty in Germany uses AI-driven tools to predict user behavior and optimize repayment plans. Competitive pressures and regulatory demands for responsible lending are pushing providers to improve their credit assessment capabilities. Personalization has also become a key strategy for differentiating BNPL services, offering consumers greater control over their financial planning. AI-powered credit systems will reduce default rates and improve customer satisfaction. Providers that excel in data-driven decision-making will strengthen their market leadership but must comply with global data privacy regulations. Cross-Border BNPL Expands Through Regional Trade Agreements Cross-border BNPL adoption is increasing in regions with strong trade agreements, such as within Asia-Pacific's GCC and RCEP member countries. Consumers in smaller markets like Vietnam and Oman use BNPL to access goods from neighboring countries. Improved logistics and regional free-trade agreements have made cross-border shopping more accessible. BNPL allows consumers to manage the higher costs associated with cross-border purchases, including shipping and currency conversion fees. Cross-border BNPL will continue to grow, especially as e-commerce platforms enhance their regional operations. Providers that offer multi-currency support and localized payment solutions will benefit from increased cross-border activity. Current State of the BNPL Market Strong Integration with Digital Ecosystems: BNPL services are increasingly embedded in global e-commerce platforms like Amazon, Alibaba, and Shopify. Providers are also expanding into super apps (e.g., Grab, Gojek, and Careem), offering consumers access to installment options across transportation, food delivery, and entertainment services. Diverse Consumer Behavior Across Regions: In developed markets like the US and Europe, consumers seek BNPL for high-value purchases, particularly electronics and home appliances. Meanwhile, in emerging markets like Southeast Asia and Africa, BNPL adoption is driven by financial inclusion needs, with providers offering low-cost installment plans for essential goods and services. Focus on ESG Initiatives: Several providers align their strategies with ESG priorities by introducing 'green BNPL' options. These initiatives incentivize eco-friendly purchases with lower interest rates or flexible repayment terms. Key Players and New Entrants Key Players: Major players like Klarna, Afterpay (Block), Affirm, and PayPal (Pay Later) dominate the market, leveraging partnerships with global e-commerce platforms to maintain their leadership positions. New Entrants: Regional players such as Tabby (Middle East), ZestMoney (India), and Alma (France) are scaling their services internationally through partnerships and funding rounds. Emerging fintech startups in Latin America and Africa are entering the market with highly localized offerings tailored to underbanked populations. This title is a bundled offering combining 22 reports, covering global insights along with data centric analysis at global and country level: 1. Global Buy Now Pay Later Insight Brief 2. Global Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 3. Argentina Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 4. Australia Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 5. Brazil Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 6. Canada Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 7. China Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 8. France Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 9. Germany Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 10. India Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 11. Indonesia Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 12. Italy Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 13. Kenya Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 14. Mexico Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 15. Nigeria Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 16. Philippines Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 17. Russia Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 18. South Africa Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 19. Thailand Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 20. United Arab Emirates Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 21. United Kingdom Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook 22. United States Buy Now Pay Later Business and Investment Opportunities (2021-2030) Databook Key Attributes: Report Attribute Details No. of Pages 1936 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $560.1 Billion Forecasted Market Value (USD) by 2030 $911.8 Billion Compound Annual Growth Rate 10.2% Regions Covered Global Companies Featured Wipei PagoMisCuentas Uala Afterpay Zippay Humm OpenPay Payright Affirm After Pay Klarna Sezzle Paypal Alipay Tencent JD Baitio Meituan Alma Cofidis RatePay Afterpay Simpl PineLabs Zest Money Paytm Lazypay Akulaku Kredivo Atome Splitit GoJek Paylater Klarna ScalePay Mash and Domec JV SplittyPay Aspira Lipa Later Miti Flexpay Technologies Julla Nelo Kueski finvero Aplazo Atrato PayQart CD Care Jumia Flex Carnon TendoPay Cashalo BillEase Plentina Zip Mokka Halva Tinkoff Zoodpay Mobicred More Tyme Payflex Pay Just Now PayUp Shopee PayLater Zilingo PowerBuy Pacepay Tabby Postpay Tamara Spotii Clearpay Paypal Credit Laybuy Paypal Affirm Futurepay Addi Cleo DiniePay Truepay For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Copyright Business Wire 2025. PUB: 02/28/2025 10:08 AM/DISC: 02/28/2025 10:08 AM
Associated Press
21-02-2025
- Business
- Associated Press
Colombia Buy Now Pay Later Business Report 2025: BNPL Market to Grow by 33.4% to Reach $2.09 Billion this Year - Investment Opportunities to 2030
The 'Colombia Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2025 Update' report has been added to offering. The BNPL payment market in Colombia is expected to grow by 33.4% on annual basis to reach US$2.09 billion in 2025. The BNPL market in the country experienced robust growth during 2021-2024, achieving a CAGR of 53.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 24.8% during 2025-2030. By the end of 2030, the BNPL sector is projected to expand from its 2024 value of USD 1.56 billion to approximately USD 6.33 billion. This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry in Colombia, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. Reasons to buy Insights on Strategy & Innovation: Navigate through future direction of the Buy Now Pay Later industry market by understanding strategic initiatives taken by key players to gain market share and innovation. In-depth Understanding of BNPL Market Dynamics in Colombia: Understand emerging opportunities and future direction of the BNPL market, key drivers, and trends. Benefit from a detailed market segmentation with 75+ KPIs. Value and Volume KPIs for Accurate Understanding: Value and volume key performance indicators (KPIs) help in developing an accurate understanding of market dynamics. Competitive Landscape: Get a snapshot of competitive landscape in BNPL sector with key players and market share in Colombia. Formulate your strategy by gaining insights into the current structure of the market. Develop Strategies to Gain Market Share: Create and fine tune your targeting strategy in the BNPL sector, identify growth categories and target specific segments across the value chain; evaluate important trends and risks unique to your market. Deeper Understanding of Consumer Behaviour: Increase ROI by understanding how consumer attitudes and behaviours are evolving. Get a detailed view on retail spending dynamics across consumer segments. Key Attributes: Report Attribute Details No. of Pages 88 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $2.09 Billion Forecasted Market Value (USD) by 2030 $6.33 Billion Compound Annual Growth Rate 24.8% Regions Covered Colombia Scope Colombia Buy Now Pay Later Market Share Analysis by Key Players Addi PayPal OpenPay Colombia BNPL Market Size and Spending Pattern Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later Revenue Analysis Buy Now Pay Later Revenues Buy Now Pay Later Share by Revenue Segments Buy Now Pay Later Revenue by Merchant Commission Buy Now Pay Later Revenue by Missed Payment Fee Revenue Buy Now Pay Later Revenue by Pay Now & Other Income Colombia Buy Now Pay Later Operational KPIs & Statistics Buy Now Pay Later Active Consumer Base Buy Now Pay Later Bad Debt Colombia BNPL by Purpose Convenience - Short Term Loans Credit - Long Term Loans Colombia BNPL by Business Model Two-Party (BNPL offered by retailers) Three-Party BNPL Offering Colombia BNPL by Merchant Ecosystem Open Loop System Closed Loop System Colombia BNPL by Distribution Model Analysis Standalone Banks & Payment Service Providers Marketplaces Colombia BNPL Analysis by Channel Online Channel POS Channel Colombia Buy Now Pay Later in Retail Shopping: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Home Improvement: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Travel: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Media and Entertainment: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Services: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Automotive: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later in Others: Market Size and Forecast Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis Colombia Buy Now Pay Later Analysis by Consumer Attitude and Behaviour Sales Uplift by Product Category Share by Age Group Share by Income Share by Gender Adoption Rationale Monthly Expense Segments For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Copyright Business Wire 2025. PUB: 02/21/2025 10:10 AM/DISC: 02/21/2025 10:10 AM
