BNPL: Affirm and Klarna cope with rising interest rates

An article by Caroline Soutarson and Sophie Baqué

Add mind Retail to your sources

Publication

23 November 2023 à 22h18

Updated on 27 November 2023 à 15h44

Reading time

1 minute

Publication: 23 November 2023 à 22h18, Updated on 27 November 2023 à 15h44

Reading time: 1 minute

An article by Caroline Soutarson and Sophie Baqué

Add mind Retail to your sources

Publication

23 November 2023 à 22h18

Updated on 27 November 2023 à 15h44

Reading time

1 minute

Publication: 23 November 2023 à 22h18, Updated on 27 November 2023 à 15h44

Reading time: 1 minute

Enjoy this article for free while you’re in your trial period

You have access to our content for 15 days

Explore the mind Retail subscription

With sales of US$497 million in the quarter to September 2023 (up by 37% year-on-year), US BNPL specialist Affirm reported revenue of US$50 million, exceeding analysts’ consensus, reported the Wall Street Journal.

Do you have information to share with us?

Article authors

Featured image of the article Caroline Soutarson

Caroline Soutarson Head of the “Mind Fintech” section

Cheffe de rubrique Investissement et référente data chez mind Fintech

Featured image of the article Sophie Baqué

Sophie Baqué Chief Editor of mind Retail

Tags

Our other services

mind Research

Strategic Intelligence: Tailored research and market analysis services to power your insights and back your strategic decisions.

mind Days

Networking & Events: Half-day conferences covering key industry topics and open to the entire ecosystem.

What you absolutely must read this week

The essential content of the week selected by the editorial team.

See all

How retailers are reinventing the checkout

As pressure on household budgets continues, new payment methods including account-to-account (A2A) instant payments, Wero, Buy Now Pay Later (BNPL), loyalty points and cashback, are gaining...

2 November 2026

Julien Cailleau, Oney: “With 3 retailers, we are testing the use of Valiuz data to streamline financing approvals”

Against a backdrop of growing pressure on household budgets, the European CCD2 Directive coming into force and a new legal framework for assisted purchasing journeys, Oney is stepping up an...

29 October 2026

Advantail signs with Formality to streamline commercial lease management

Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...

23 October 2026

US retailers divided over the rise of autonomous shopping agents

In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...

21 October 2026

Most viewed articles of the month on mind Retail

What readers clicked on the most last month.

In the category

What readers clicked on the most last month.

US retailers divided over the rise of autonomous shopping agents

In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...

21 October 2026