More young Europeans are using buy now, pay later and pay-in-installment services to shop than ever. This is in part because these services offer a more flexible way to pay for items, especially when compared to traditional payment methods like credit cards or bank loans. Additionally, interest rates on these installment loans are often lower than those offered by banks, making them an appealing option for consumers—especially Gen Z and Millennials, whom we know are shoppers looking for affordable options.  But BNPL companies are financial services and as a result are vulnerable to soaring inflation. With the economy slowing down,...