Mentioned Companies:

Kueski BNPL in Mexico

Only four countries in the world have higher unbanked populations than Mexico. The country ranks eighth highest in the world when measuring what is called the “informal” economy—the percentage of a population that have jobs but do not pay federal or state taxes. The combination of these factors makes it difficult to verify income to support a consumer credit industry. Another consequence is that roughly 90% of all retail payments are handled in cash and less than 25% of merchants in Mexico deploy a POS terminal to accept payment cards. Kueski is a fast growing buy now, pay later (B...

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May 2022
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