With Klarna’s valuation dropping around 80% to around $7 billion and other BNPL fintech stocks crashing left, right and center, it’s inevitable that one may wonder, “Is the BNPL model sustainable?”

Before exploring this question, it’s important to take a step back and understand the BNPL landscape and its place within the greater economic picture.

Keep reading in Yaacov Martin’s latest article in Forbes.