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How big is the Money Lending Industry? #bnpl #business #productmanagement #money

Personal Loans under 10,000 Rs can be categorised as BNPL - Buy Now Pay Later.

The percentage of these loans went up to 65%, which was previously at 30%.
And the market size previously was at 3 billion dollars and by 2025-26 it is expected to grow to 45 billion dollars.

The active BNPL users in India are 3x the total number of card users.

Bhavik Kaul, Chief Product Office at LazyPay, goes on to explain what the BNPL market scenario is like in the country.

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