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The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A

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Walnut was founded by Roshan Patel to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing financial transactions. After being in the inaugural cohort of Plaid’s startup accelerator, the fintech meets health tech play launched last year with millions in venture capital behind it.
Since, the BNPL market – and its most well-known pioneer Affirm – has lost some of its sheen, with slashed public market prices and the feeling of a cooldown amongst investors. Patel agreed with this characterization, saying that the BNPL model is

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