BNPL transaction count in U.S. 2019-2021

Five lenders in the United States supplied twice as many BNPL loans in 2021 than they did in 2020. This according to a survey held in the U.S. among five different pure player BNPL lenders, of which the biggest lender accounted for 39 percent of overall transaction volume. The smallest lender accounted for six percent. The source admits this may mean that the numbers shown here might not cover the full Buy Now, Pay Later market. Nevertheless, the aggregated figures reveal a significant growth since 2019. Dollar originations, especially, have increased by more than 200 percent per year since 2019.

Number of buy now, pay later (BNPL) transactions in the United States from 2019 to 2021

Characteristic	Number of loans (in millions)	Average loan size (in U.S. dollars)
-	-	-
-	-	-
-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

September 2022

More information

Region

United States

Survey time period

March 2022

Number of respondents

5 respondents

Special properties

Affirm, Afterpay, Klarna, PayPal, and Zip; Lenders that provide "pay-in-four" products, i.e. pure players only

Method of interview

Questionnaire

Supplementary notes

The source adds that the figures provided include the overall value of checkouts of each loan, including a 25 percent down payment. If an online purchase is worth 100 USD and is financed using BNPL, it would count as 100 USD in this statistic - even if 25 USD is paid at checkout and the remaining 75 USD comes from the following three installments.

Citation formats