The big takeaway: A recessionary environment could create opportunities for BNPL to target cash-hungry SMBs with short-term funding needs.
But fintechs that already operate in the B2B BNPL space—like Resolve, Behalf, and Vartana—have a head start to capitalize on growing demand. And expanding away from retail and into business finance will be risky, bringing its own set of challenges.
Keep reading: Check out our Era of Uncertainty: Merchant Services Providers and Small-Business Payment Disruptors reports for more on how payment firms can give small businesses a recession lifeline.
This article originally appeared in Insider Intelligence's Payments Innovation Briefing—a daily recap of top stories reshaping the payments industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.