From Uncertainty to Assurance: Managing First Party Fraud in BNPL
Instnt’s identity fraud insurance is redefining how BNPL providers manage risk. As Buy Now Pay Later adoption continues to grow, identity fraud threats are accelerating even faster. First party fraud, where an individual uses their real identity with no intention to repay, has become the most common form of fraud globally, representing 36 percent of all reported cases in 2024 (LexisNexis Cybercrime Report, 2025).
By insuring verified identity fraud losses at onboarding, Instnt enables BNPL companies to shift risk to a fixed, budgeted premium with reimbursements in 30 days. This approach improves cash flow, reduces recovery costs, and strengthens margins by turning unpredictable fraud losses into predictable, insured costs.
Download this case study to learn how Instnt helps BNPL providers move from uncertainty to assurance.
