OatFi secures capital to power BNPL services for SMBs

The buy now, pay later (BNPL) market was once seen as a bulletproof investment, given the meteoric rise of players like Klarna and Afterpay during the pandemic. But increased scrutiny over the business — regulatory and otherwise — has put a damper on the enthusiasm. The U.K. last year announced new policies pertaining to BNPL companies, while the U.S. Consumer Financial Protection Bureau in September signaled it would subject BNPL vendors to stricter oversight.
Facing the headwinds, rather than pull out of BNPL altogether, investors appear to be shifting bets to what they perceive

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