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

  • 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

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3mo ago
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