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Articles for Afterpay, search results for stock

Buy now pay later and its financial inclusion scope
3 years, 3 months ago

Buy now pay later and its financial inclusion scope

Live Mint  

US fintech giant Square recently announced an all-stock acquisition of ‘buy now pay later’ leader Afterpay. Launched in 2015 by Afterpay in Australia, BNPL is a way for users to pay later for their e-commerce buys with limited credit checks and a slick payment experience. PayPal is a notable incumbent which launched a pay later product Pay in 4, while …

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How Afterpay went from zero to $39 billion thanks to loyal millennials, powerful lobbyists and the COVID-19 pandemic
3 years, 4 months ago

How Afterpay went from zero to $39 billion thanks to loyal millennials, powerful lobbyists and the COVID-19 pandemic

ABC  

For most global businesses, the COVID-19 pandemic has been nothing short of a train wreck. The $39 billion takeover of buy now, pay later darling Afterpay by US payments giant Square may have seemed unfathomable more than a year ago, when the company's share price tanked at around $8.90. "It turned out, COVID-19 meant e-commerce was about to get a …

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Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay
3 years, 4 months ago

Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay

The Hindu  

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the biggest buyout of an Australian firm. "Acquiring Afterpay is a 'proof of concept' moment for buy now, pay later, at once validating the industry and creating a formidable new competitor …

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Jack Dorsey’s Square snaps up Australia’s Afterpay for $29bn
3 years, 4 months ago

Jack Dorsey’s Square snaps up Australia’s Afterpay for $29bn

Al Jazeera  

Australia’s biggest deal highlights the popularity of the buy now, pay later model which has upended traditional credit. Square, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay for $29bn, creating a global-transactions giant in the biggest buyout of an Australian firm. “We expect Square will invest heavily to integrate Afterpay and accelerate …

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