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The Dark Side of BNPL in Africa: Regulation, Defaults, and the Path to Sustainability
African Fintech
The Dark Side of BNPL in Africa: Regulation, Defaults, and the Path to Sustainability
A commercial forecast put Africa’s BNPL market at $5.34 billion in 2025, but LipaLater’s collapse, repayment stress, and regulatory gaps expose a sector growing faster than its guardrails can keep up. Here’s what comes next.
O Oscar Mwangi · Sep 18, 2026