Canada Buy Now Pay Later Market Size & Outlook, 2024-2033

The buy now pay later market in Canada is expected to reach a projected revenue of US$ 3,035.4 million by 2033. A compound annual growth rate of 28.9% is expected of Canada buy now pay later market from 2025 to 2033.
Revenue, 2024 (US$M)
$315.0
Forecast, 2033 (US$M)
$3,035.4
CAGR, 2025 - 2033
28.9%
Report Coverage
Canada

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Canada buy now pay later market, 2021-2033 (US$M)

Canada buy now pay later market, 2021-2033 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Canada buy now pay later market highlights

  • The Canada buy now pay later market generated a revenue of USD 315.0 million in 2024 and is expected to reach USD 3,035.4 million by 2033.
  • The Canada market is expected to grow at a CAGR of 28.9% from 2025 to 2033.
  • In terms of segment, online was the largest revenue generating channel in 2024.
  • Online is the most lucrative channel segment registering the fastest growth during the forecast period.


Buy now pay later market data book summary

Market revenue in 2024USD 315.0 million
Market revenue in 2033USD 3,035.4 million
Growth rate28.9% (CAGR from 2025 to 2033)
Largest segmentOnline
Fastest growing segmentOnline
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationOnline, POS
Key market players worldwideAffirm Holdings Inc Ordinary Shares - Class A, Splitit Payments Ltd, Sezzle Inc, Zip Co Ltd, PayPal Holdings Inc, Block Inc Class A, HSBC Holdings PLC ADR


Other key industry trends

  • In terms of revenue, Canada accounted for 3.3% of the global buy now pay later market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. buy now pay later market is projected to lead the regional market in terms of revenue in 2033.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 2,476.9 million by 2033.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Buy Now Pay Later Market Companies

Name Profile # Employees HQ Website
Openpay View profile 101-250 Querétaro, Queretaro de Arteaga, Mexico, North America http://www.openpay.mx/
Afterpay View profile 501-1000 Melbourne, Victoria, Australia, Oceania https://www.afterpay.com
Perpay View profile 51-100 Philadelphia, Pennsylvania, United States, North America http://www.perpay.com
Klarna View profile 5001-10000 Stockholm, Stockholms Lan, Sweden, Europe http://www.klarna.com
HSBC Holdings PLC ADR View profile 221000 8 Canada Square, London, United Kingdom, E14 5HQ https://www.hsbc.com
Zip Co Ltd View profile 1498 126 Phillip Street, Level 5, Sydney, NSW, Australia, 2000 https://www.zipmoneylimited.com.au
Sezzle Inc View profile 278 700 Nicollet Mall, Suite 640, Minneapolis, MN, United States, 55402 https://www.sezzle.com
Splitit Payments Ltd View profile 80 32 HaArba'a Street, Tel Aviv, Israel, 6473970 https://www.splitit.com
Affirm Holdings Inc Ordinary Shares - Class A View profile 2171 650 California Street, San Francisco, CA, United States, 94108 https://www.affirm.com
Block Inc Class A View profile 12985 1955 Broadway, Suite 600, Oakland, CA, United States, 94612 https://www.block.xyz
PayPal Holdings Inc View profile 27200 2211 North First Street, San Jose, CA, United States, 95131 https://www.paypal.com

Canada buy now pay later market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to buy now pay later market will help companies and investors design strategic landscapes.


Online was the largest segment with a revenue share of 85.59% in 2024. Horizon Databook has segmented the Canada buy now pay later market based on online, pos covering the revenue growth of each sub-segment from 2021 to 2033.


Reasons to subscribe to Canada buy now pay later market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Canada buy now pay later market databook

  • Our clientele includes a mix of buy now pay later market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada buy now pay later market , including forecasts for subscribers. This country databook contains high-level insights into Canada buy now pay later market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Canada buy now pay later market size, by channel, 2021-2033 (US$M)

Canada Buy Now Pay Later Market Outlook Share, 2024 & 2033 (US$M)

Canada buy now pay later market size, by channel, 2021-2033 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online