Falcon Finance / 4. BNPL Performance
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Monthly Orders (Dec 2025)
379
-11.2% YoY
Monthly GMV (Dec 2025)
$46.9M
-5.6% YoY
Avg Order Value (Dec 2025)
$123.82
+6.4% YoY
Merchant Fees (Dec 2025)
$1.18M
-7.5% YoY
YTD Orders 2025
131,602
-5.0% vs 2024
YTD GMV 2025
$15.2B
-5.1% vs 2024
Paid-In-Full Rate (Dec 2025)
13.98%
-20.9% YoY
Delinquency Rate (Dec 2025)
8.18%
+51.8% YoY
Monthly BNPL Orders Trend
Monthly GMV Trend
Average Order Value Trend
Merchant Fees Trend
Annual BNPL Growth 2019-2025
Top 10 Product Categories by GMV
Paid-In-Full vs Delinquency Rates
BNPL by Channel
Top 10 Partners by GMV
Monthly BNPL Summary Detail
Month Orders GMV Avg Order Value Merchant Fees Paid-In-Full % Delinquency %
Jan 2024330$38.3M$116.13$976.35K13.94%6.06%
Feb 2024309$38.7M$125.40$940.08K16.18%4.21%
Mar 2024349$44.1M$126.30$1,121.74K13.75%7.16%
Apr 2024363$38.7M$106.66$964.81K17.91%4.41%
May 2024405$46.5M$114.78$1,155.38K13.09%6.91%
Jun 2024376$43.3M$115.09$1,081.45K14.10%7.98%
Jul 2024385$45.8M$118.98$1,169.21K18.70%6.75%
Aug 2024385$43.4M$112.83$1,057.11K14.03%8.31%
Sep 2024392$46.6M$118.76$1,194.78K12.50%7.14%
Oct 2024373$41.1M$110.25$1,021.49K17.96%5.09%
Nov 2024491$52.2M$106.29$1,309.72K16.50%6.11%
Dec 2024427$49.7M$116.36$1,271.34K16.86%5.39%
Jan 2025294$32.6M$110.81$790.86K15.31%6.46%
Feb 2025236$26.8M$113.64$658.96K19.49%6.36%
Mar 2025336$38.4M$114.35$930.82K16.37%6.85%
Apr 2025374$43.9M$117.28$1,111.83K14.71%8.82%
May 2025351$39.5M$112.44$988.97K13.96%7.12%
Jun 2025364$45.5M$124.95$1,150.68K14.29%4.12%
Jul 2025377$42.6M$113.07$1,079.78K18.04%7.96%
Aug 2025363$43.4M$119.46$1,072.28K16.80%6.89%
Sep 2025367$42.8M$116.52$1,076.68K16.62%4.36%
Oct 2025376$43.7M$116.15$1,084.75K14.89%5.59%
Nov 2025478$54.9M$114.81$1,344.19K14.64%7.95%
Dec 2025379$46.9M$123.82$1,175.57K13.98%8.18%