How SNBL startups are trying to make savings-led purchases cool again
Save now, buy later (SNBL) startups such as Multipl, Tortoise, and Hubble have seen their overall market share swell to Rs 1,500 crore
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Show Notes
The looming threat of a recession, rising interest rates, and the RBI’s new guidelines for digital lending are proving to be a roadblock for buy now, pay later (BNPL) platforms.
But many new startups are using this as an opportunity to push consumers away from the more credit-centric models that encourage impulse buying towards a new, planning-based purchase model called save-now, buy-later (SNBL).
How does it work?
Tune in to find out.