BNPL (Buy now, pay later) has exploded in the United States over the last decade with an estimated 50% of Americans having "used it" (tried once) in 2022 (Fool.com).
Perfect Combination
Enter Kueski, a leading Mexican fintech, founded in 2012.
Kueski is a Mexico City-based fintech company that provides financial services to small and medium-sized businesses (SMBs) in Mexico. It is one of the leading providers of buy now, pay later (BNPL) services in the country. Kueski uses artificial intelligence and machine learning to predict an applicant's repayment ability, which allows the company to offer loans to people who would not otherwise have access to credit. The company has helped over 200,000 SMBs access the financing they need to grow their businesses.