signal
The BNPL Correction: Which Platforms Survive the Interest Rate Cycle
Afterpay's 2024 pivot to profits, Klarna's layoffs, Affirm's struggle. The signal: BNPL models that rely on VC subsidy are breaking. Winners will be those with true unit economics in emerging markets.
The Context
[AI-generated research and outline. Your job: add the operator take.]
This piece examines fintech and infrastructure trends across emerging markets.
What Makes This Matter
The winners in emerging-market fintech aren't copying Silicon Valley. They're solving problems that the West already solved decades ago, but with modern tools.
Your Unique Take
Add your perspective on what you've observed or learned.
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