Mexico based BNPL startup raised $27m in Series A funding led by Oak HC/FT.
“That means 90% of people are unaddressed,” Peña told TechCrunch. “There is huge adoption for it, but the roadblocks are the banks who have been super profitable, but have not democratized installment credit.”
https://techcrunch.com/2021/11/15/aplazo-takes-in-27m-to-increase-adoption-of-bnpl-in-mexico/