KKR Agrees to Buy $44B of Buy-Now-Pay-Later PayPal Loans

The video discusses the buy now, pay later loans popular among younger consumers, highlighting PayPal's role in originating these loans. It details a significant deal where PayPal offloads a portion of its European loan portfolio to KKR, a private credit fund. The discussion explores KKR's strategic move into consumer finance, the quality of these short-term loans, and potential risks during economic downturns. The video concludes with insights into KKR's future prospects in private credit.

What concerns do investors and analysts have regarding the quality of these loans during economic downturns?

What future opportunities might KKR explore in the private credit market based on this deal?