Buy now/pay later lending is normally associated with the point-of-sale loans that consumers use to finance large purchases, though a startup contends the idea can also be deployed in other ways, such as boosting funding for nonprofits.

“The problem that nonprofits have is liquidity,” said Dominic Kalms, founder of the fintech, B Generous, which uses a model similar to BNPL lending to enable consumers to make larger donations in installments.

Nonprofits can then use those larger donations to manage their balance sheets at times of the year when donation volume is lower. “There’s usually enough money for the nonprofits, but most of it comes in the last three months of the year,” Kalms said.