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This is an amazing breakdown. Doing some research for a client who is in this space and its really unlocking some great insights. Especially around the Consumption Culture of the African consumer. Would love to hear your take on the industries main barrier being time. Debt continues to get a bad name especially among Millenials and to a large extent a good portion of the middle class. So if this grows, isnt the industries biggest challenge overcoming people who just choose to buy later?

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Hi, great breakdown of the bnpl stack. A big question that i have not seen explicitly adressed somewhere is about approval rates. What level of approval rates are these companies targeting and whats the threshold for attracting merchants

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