Afterpay Revenue Up 97%, ANZ Online Sales Boom
Buy-now-pay-later provider, Afterpay, has reported a 97% year-on-year revenue increase to $519.2 million, with net loss shrinking to $22.9 million. It follows... Read More
Credit Cards Dumped; Buy-Now, Pay-Later Services Preferred
SYDNEY: Credit card use is on the decline as millennials move to the buy-now, pay-later model, currently dominated by Afterpay and Zip.... Read More
Afterpay Shares Hit Record High After Citi Boost
Buy-now-pay-later platform, Afterpay, has seen its shares notch a record high of over $66, with Citi raising its price target by 137%.... Read More
Security System Demand Leaps Amid Home Reno Boom
Latest consumer data reveals demand for security systems and home improvement items have leapt during the coronavirus pandemic, surging even prior to... Read More
Zip To Snare Yankee QuadPay
SYDNEY: Buy-now-pay-later giant Zip has is entering a deal to sacrifice 23.3 percent of its shares in exchange for ownership of New... Read More
CBA Triples Stake In Klarna
In a bid to head off encroaching fintech companies like Afterpay and Zip, the Commonwealth Bank has invested in Swedish company Klarna in... Read More
Latitude Pay Launches With Harvey Norman
After announcing it would seek to raise capital in order to pay out more in dividends, Harvey Norman will soon give the... Read More
CBA Take On Afterpay With Swedish Giant ‘Klarna’
The Commonwealth Bank of Australia has made a US$100 million investment in a Swedish buy now, pay later platform ‘Klarna’ as it... Read More
Latitude To Launch BNPL Platform
Latitude Financial plans to take on Flexigroup’s Humm and Fintech darling Afterpay as it fights for a slice of the burgeoning buy-now-pay-later... Read More
Zip Shares Up 4% After Big W Deal
Buy-now-pay-later platform, Zip Co Limited, has signed up discount department store, Big W, just a few months after on-boarding rival retailer Kmart... Read More