BNPL Provider Ranking Has a Lot of Movers and Shakers, but the Leaders Remain in Place

Buy now, pay later (BNPL) is one of the hot topics in our industry, so it’s fitting that the competition in PYMNTS’ Provider Ranking of Buy Now Pay Later Apps is heating up, too. 

Five of the top 10 apps in this ranking have earned the title “mover and shaker” this month. That means they’ve each achieved an unusually large change in their score since the previous month — for better or worse. 

Despite all the action lower in the rankings, the top four spots are held by the apps that had them last time.  

The Top 5 

Topping the list again is Klarna. This app is going strong with a score of 100. 

Just two points behind is Affirm, which holds on to the No. 2 spot with a score of 98. 

Also holding the position it held last time is Afterpay. This app is in the third level in the rankings with a score of 88. 

There’s another familiar name at No. 4. Zip is here, as it was last time, with a score of 80. 

In the first move in the rankings this month, FuturePay leaps three positions and lands at No. 5. It does so with a score of 70, which is six points higher than last time — making it one of this month’s movers and shakers. 

The Top 10 

Also moving up is Paidy, which gains one spot since last time and now rests at the sixth position. It’s added five points to its score — for a total of 67 — making it another mover and shaker. 

Making way for those two gainers is Sezzle. It slips two levels in the rankings, now sitting at No. 7. With a score three points lower than last time — for a current total of 60 — it’s a mover and shaker. 

Also slipping two spots since last time is Laybuy, which is now ranked eighth. With a score that’s 12 points lower than last month — and now stands at 55 — this app is another mover and shaker. 

Inching up one spot is Humm. This app has achieved the No. 9 spot with a score of 42. 

Rounding out this month’s top 10 is LazyPay. This online loan provider app joins this elite group with a score of 34. As that’s three points higher than last time, LazyPay is the fifth mover and shaker.