PayPal Expands European Market with Buy Now, Pay Later Focus

PayPal is taking a significant step in the European market through a strategic expansion of its Buy Now, Pay Later (BNPL) services. In collaboration with KKR, PayPal plans to sell up to €65 billion in BNPL loans, boosting its financial base while enhancing its competitive edge across Europe. This move highlights PayPal’s focus on expanding its payment solutions, supporting its role as a leader in digital finance. The partnership with KKR not only reinforces PayPal’s presence but also marks a pivotal shift in the European BNPL sector, as demand continues to surge among consumers seeking flexible payment options.