The Nigerian ‘buy now pay later (BNPL)’ market is booming, but the method used in recovering money from defaulters remains a subject of concern. The BNPL payment market is now booming and is expected to grow by 13.8 percent annually to reach $1.62 billion by the end of 2025, according to the
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Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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