Big finance on the tail of buy-now-pay-later tech mavericks

Retail giants as well as Visa and Mastercard have launched new ways to spread the cost of purchases for their customers. PHOTO ILLUSTRATION: PEXELS
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Tech mavericks who made buy-now-pay-later (BNPL) an option for shoppers worldwide are grappling with mounting losses and investor scepticism. Now big finance is on their tail.

British retail giants NatWest Group, HSBC Holdings, Barclays and Virgin Money as well as Visa and Mastercard have launched new ways to spread the cost of purchases for their customers.

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