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Kenya Buy Now Pay Later Business Databook 2024: A $2.1 Billion Market by 2029 – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics

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DUBLIN, Feb. 29, 2024 /PRNewswire/ — The “Kenya Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q1 2024 Update” report has been added to  ResearchAndMarkets.com’s offering.

BNPL payments in the country are expected to grow by 16.7% on an annual basis to reach US$1.26 billion in 2024.

The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 10.7% during 2024-2029. The BNPL gross merchandise value in the country will increase from US$1.08 billion in 2023 to reach US$2.10 billion by 2029.

The BNPL payment industry in Kenya has recorded strong growth over the last four quarters, supported by increased e-commerce penetration. This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.

It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.

Reasons to buy

Get a comprehensive understanding of market dynamics for Buy Now Pay Later: Identify market opportunities, major trends, and forecasting (2020-2029). Understand market trends through crucial KPIs like Gross Merchandise Value, Volume, and Average Value per Transaction, to stay ahead of the curve.Insights by end-use sectors: Evaluate new opportunities across multiple end-use sectors, and obtain market dynamics by end-use sectors in order to swiftly catch up with the latest and upcoming developments in BNPL markets.Market-specific strategies: Identify growth segments focused on specific opportunities, and analysing market-specific risks and important trends in the BNPL sector with our exclusive blend of quantitative forecasting and innovative insights.Gain knowledge of consumer attitudes and actions: This report identifies and interprets important Buy Now Pay Later KPIs, such as spend by age, gender, and income level, using data from a proprietary survey.Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in Kenya.

Scope

Kenya BNPL Market Size and Spending Pattern, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later Revenue Analysis, 2020-2029

Buy Now Pay Later RevenuesBuy Now Pay Later Share by Revenue SegmentsBuy Now Pay Later Revenue by Merchant CommissionBuy Now Pay Later Revenue by Missed Payment Fee RevenueBuy Now Pay Later Revenue by Pay Now & Other Income

Kenya Buy Now Pay Later Operational KPIs & Statistics, 2020-2029

Buy Now Pay Later Active Consumer BaseBuy Now Pay Later Bad Debt

Kenya BNPL by Purpose, 2020-2029

Convenience – Short Term LoansCredit – Long Term Loans

Kenya BNPL by Business Model, 2020-2029

Two-Party (BNPL offered by retailers)Three-Party BNPL Offering

Kenya BNPL by Merchant Ecosystem, 2020-2029

Open Loop SystemClosed Loop System

Kenya BNPL by Distribution Model Analysis, 2020-2029

StandaloneBanks & Payment Service ProvidersMarketplaces

Kenya BNPL Analysis by Channel, 2020-2029

Online ChannelPOS Channel

Kenya Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Services: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later in Others: Market Size and Forecast

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Kenya Buy Now Pay Later Analysis by Consumer Attitude and Behaviour

Sales Uplift by Product CategoryShare by Age GroupShare by IncomeShare by GenderAdoption RationaleAverage Monthly Expense segments

For more information about this report visit https://www.researchandmarkets.com/r/237z4n

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 

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SOURCE Research and Markets

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PowerReviews Launches Partner Program to Expand Reach and Value of User-Generated Content

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Partners of PowerReviews, a 1WorldSync company, to grow revenue by referring clients to  industry-leading technology, including ratings and reviews, display, syndication, social curation, product sampling and analytics tools

CHICAGO, April 7, 2025 /PRNewswire/ — Today, PowerReviews, a leading provider of ratings, reviews and user-generated content (UGC) solutions, announced the launch of its new PowerReviews Partner Program. Designed to maximize the impact and reach of UGC, this program fosters collaboration with technology providers, agencies and strategic partners and their end-customers. 

Partners are eligible for incentives on new business referrals. Interested partners can learn more about the program during monthly informational webinars, beginning April 9.

“We are thrilled to launch the PowerReviews Partner Program as a key part of our strategy to expand the influence of user-generated content and provide our partners an additional revenue stream,” said Brandon Kiffer, President UGC Solutions at PowerReviews, a 1WorldSync company. “Partnering with leading technology providers and agencies allows us to help businesses of all sizes harness the power of UGC to drive sales, strengthen brand and retailer trust, and enhance the customer experience.”

Partners will gain access to PowerReviews’ industry-leading technology, including ratings and reviews, display, syndication, social curation, product sampling and analytics tools. Partners also receive exclusive benefits such as co-branded webinars, live events, case studies and blog collaborations. Additionally, partners will receive sales enablement resources, including training and marketing materials, along with dedicated support from PowerReviews experts for onboarding, training and ongoing assistance.

The PowerReviews Partner Program is open to technology providers, agencies, and other businesses that share PowerReviews’ mission of helping brands and retailers leverage the power of UGC.

Caddle has joined forces with PowerReviews as a referral partner. As a leading consumer rewards app, Caddle generates hundreds of thousands of reviews for top-tier brands and retailers across Canada. “We are excited to refer and collaborate with 1WorldSync’s PowerReviews to harness their world-class syndication platform,” said Ransom Hawley, CEO of Caddle. “With the combined power of PowerReviews’ tools and Caddle’s innovative solutions, this partnership will drive significant value for both companies, helping brands collect and amplify authentic consumer feedback more effectively than ever.”

To learn more about the program and how to become a partner, please visit the PowerReviews website

About PowerReviews, a 1WorldSync Company
PowerReviews is a leading provider of ratings, reviews, and user-generated content (UGC) solutions. PowerReviews helps brands and retailers collect, manage, and display high-quality UGC to drive sales and enhance the customer experience. As part of 1WorldSync, PowerReviews is committed to optimizing product detail pages (PDPs) and enhancing the digital shopping experience through authentic, impactful content. For more information, visit www.powerreviews.com.

Media Contact:
Ryan Hunt
rhunt@1worldsync.com 

Partner Program Contact:
Moses De Los Santos, Strategic Alliances Director, UGC
PowerReviews a 1Worldsync company
mdelossantos@1worldsync.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/powerreviews-launches-partner-program-to-expand-reach-and-value-of-user-generated-content-302422196.html

SOURCE 1WorldSync

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Woodforest Financial Group Announces Strategic Investment in Zelus Automation Platform

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THE WOODLANDS, Texas, April 7, 2025 /PRNewswire/ — Woodforest Financial Group, Inc., the parent company of Woodforest National Bank, today announced a strategic investment in Zelus Automation Platform, LLC, a Houston-based technology firm specializing in innovative software solutions for the banking industry. This investment reflects Woodforest’s ongoing commitment to advancing technologies that improve banking operations and customer experiences.

Zelus Automation Platform’s flagship solution, SNAP (Simple New Account Platform), is an end-to-end, real-time system designed to streamline the account opening process for financial institutions. SNAP integrates directly with a bank’s core operating system, automating workflows to reduce data entry, ensure process consistency, minimize errors, and shorten customer waiting and staff training times. Banks using SNAP open new accounts in under 10 minutes with 90 % reduction in errors.

“We are excited to partner with Zelus Automation Platform and support their forward-thinking approach to banking technology,” said Robert E. Marling, Jr., Chairman and CEO of Woodforest Financial Group. “This investment aligns with our strategic focus on innovation that enhances operational efficiency and elevates customer service.”

Russell Bond, CEO of Zelus Automation Platform, shared his perspective on the new partnership: “Woodforest’s investment is a powerful endorsement of our mission to transform banking operations and the customer experience through intelligent automation. With their support, we are positioned to accelerate the development and adoption of SNAP, bringing greater efficiency and consistency to account opening processes across the industry.”

This strategic collaboration exemplifies Woodforest’s dedication to fostering innovation and supporting companies that are driving technological change in the financial services sector. Through its investment in Zelus, Woodforest aims to play a key role in shaping the future of digital banking.

About Woodforest Financial Group, Inc.
Woodforest Financial Group, Inc. is the parent company of Woodforest National Bank, a community bank established in 1980 and headquartered in The Woodlands, Texas. With more than 760 branches across 17 states, Woodforest National Bank is dedicated to delivering high-quality financial services and supporting community growth initiatives. For more information about Woodforest Financial Group and Woodforest National Bank, please visit Woodforest.com.

About Zelus Automation Platform, LLC
Founded in 2020 and based in Houston, Texas, Zelus Automation Platform, LLC is a technology innovation company providing advanced software solutions to banks. Its flagship product, SNAP, revolutionizes the account opening process by seamlessly integrating with core banking systems to drive efficiency, reduce operational errors, and enhance customer satisfaction. For more information about SNAP and Zelus Automation Platform, please visit zap-llc.com.

For more information contact Russell Bond, CEO, Zelus Automation Platform (972) 841-8007, russell.bond@zap-llc.com

CONTACT: James Dreibelbis, President, Woodforest Financial Group (832) 375-2023, JDreibelbis@woodforest.com

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SOURCE Woodforest Financial Group, Inc.

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Older Pittsburgh Voters to Play Decisive Role in 2025 Mayoral Election

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PITTSBURGH, April 7, 2025 /PRNewswire/ — A new survey from AARP Pennsylvania reveals that Pittsburgh voters 50+ will be the deciding factor in determining the city’s next leader.

According to the survey, Democratic challenger Corey O’Connor leads incumbent Mayor Ed Gainey, 58 percent to 24 percent, with 16 percent undecided. Tony Moreno leads with voters 50+ on the Republican side, with a 40 percent lead over challenger Thomas West

Pittsburgh voters aged 50 and older constitute a significant voting bloc that candidates cannot afford to ignore. In the 2021 mayoral primary, voters over 50 made up 57 percent of all voters, and 60 percent of all in the general election.

The survey also found that a large majority of voters 50-plus are engaged and intend to participate in the upcoming primary election. Their priorities include economic stability, public safety, and access to essential services—issues that will shape their choice at the ballot box. 

Among other issues Pittsburgh voters 50-plus are looking for the next mayor to address: 

83 percent say the candidates’ positions on access to quality health care will affect their vote

51 percent Pittsburgh’s economy is getting weaker

80 percent support a change in city ordinances to make it easier for owners to create accessory dwelling units, a residential unit built on the same lot as an existing single-family home and can be attached or detached to the home. 

“Candidates running for mayor must address the concerns of Pittsburgh’s older residents, like economic stability, affordable housing options, and access to essential services, if they hope to secure victory,” said Bill Johnston-Walsh, State Director of AARP Pennsylvania. “This demographic votes consistently and expects elected officials to prioritize their needs.” 

With the election approaching, these results suggest that candidates who focus on policies that support older residents—such as affordable housing, transportation, and healthcare access—will be more likely to gain their support. 

AARP commissioned American Directions Research Group to conduct a survey of 805 voters 50 and older living in Pittsburgh, PA from March 12 to March 19, 2025. The interviews were conducted by phone and online, with 650 live phone interviews (80.75%) and 155 (19.25%) from an opt-in panel sample list of registered voters age 50+ living in Pittsburgh. The data was weighted by age and gender to reflect registered voters in Pittsburgh age 50 or older, based on the population of registered voters 50+ from the sample source. The margin of sampling error at the 95% confidence level for the 805 citywide sample is ±3.4 

View the full survey results at www.aarp.org/pittsburghmayorpoll2025 

About AARP 

AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation’s largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.

CONTACT: Randy LoBasso, rlobasso@aarp.org, 267-964-8001 

View original content to download multimedia:https://www.prnewswire.com/news-releases/older-pittsburgh-voters-to-play-decisive-role-in-2025-mayoral-election-302422349.html

SOURCE AARP Pennsylvania

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