CosmicTaco

Zepto Set to Shake Up BNPL Market with 'Zepto Postpaid'

CosmicTaco · 2024-09-07T01:24:20.791220+05:30

- Zepto is launching its own buy now, pay later service called Zepto Postpaid, currently in early stages and teased on the app. - Users are being encouraged to join a waitlist for early access, with promises of up to Rs 5,000 in interest-free repayments. - Rival firms like Blinkit already offer BNPL services through partnerships with LazyPay and Simpl. - Zepto has partnered with Simpl since January 2022, facilitating over 13 million checkouts as of April. - The company recently raised $340 million, boosting its valuation to $5 billion, as it prepares for an IPO. Source: [Business Standard](https://www.business-standard.com/companies/start-ups/zepto-set-to-enter-buy-now-pay-later-segment-with-zepto-postpaid-124090600732_1.html)

Zepto is launching its own buy now, pay later service called Zepto Postpaid, currently in early stages and teased on the app.
Users are being encouraged to join a waitlist for early access, with promises of up to Rs 5,000 in interest-free repayments.
Rival firms like Blinkit already offer BNPL services through partnerships with LazyPay and Simpl.
Zepto has partnered with Simpl since January 2022, facilitating over 13 million checkouts as of April.
The company recently raised $340 million, boosting its valuation to $5 billion, as it prepares for an IPO.

Source: Business Standard