Indeed. Sezzle has halved in value and OPY dropped by 33% in the last 3 or 4 months. Z1P dropped from $7 to $5.47 in the last month. Humm, the only BNPL that has a positive NPAT, has dropped 30% in the last four months.
People have lost confidence in BNPL and moved onto whatever is the retail fad du jour (lithium, meme coins etc.), for now anyway.
News: LBY Laybuy Holdings On Track To Reach NZ$1 Billion Gross Merchandise Value Target For FY22, page-50
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