Micro loans are Asia’s hottest fintech products as Gen Z and millennial online shoppers prefer to buy now, pay later

• Buy now, pay later (BNPL) services may double their share of Asia’s e-commerce payments market from 0.6 per cent to 1.3 per cent, according to forecasts
• Chinese fintech firms have invested in Southeast Asia’s BNPL services: Ant Group owns 6.3 per cent of India’s Paytm and 39 per cent of South Korea’s Kakao Pay