Business Models

Curious about how Klarna really makes money? 💰 It primarily earns revenue by charging merchant fees to retailers for each sale, but also collects late payment fees from consumers.

Affirm makes money in two main ways: by charging interest to consumers on some installment loans and by collecting a fee from merchants for offering the ‘buy now, pay later’ service.

Afterpay primarily makes money by charging retailers a fee for each transaction. It also earns a smaller portion of its revenue from late fees paid by shoppers who miss payments.

Venmo has become a household name, a verb even—”Just Venmo me.” With over 90 million active users in the United States and handling hundreds of billions of dollars in transactions…