Tag: APT
Battle between Afterpay and Commonwealth Bank one for the ages
Who do you trust more – Afterpay or Commonwealth Bank?
It is a difficult question to answer, although the answer will probably give a good indication of your age.
If you skew younger, you are mu...
PayPal enters Australian buy now, pay later space
Global online payment giant PayPal is joining the Australian buy now pay later (BNPL) market, going up against local rival Afterpay (ASX: APT) with the launch of its ‘Pay in 4’ credit platform.
In ...
Should ASX investors succumb to the Buy Now, Pay Later FOMO?
As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations.
Among ...
Goodbye credit card, hello Afterpay
There has been a big change emerging in how Australians pay for their purchases and it will have major ramifications into the future.
For decades credit card purchases and balances have been steadi...
ASIC report dissects buy now, pay later industry, finds one in five users struggle to meet payments
Almost 20% of buy now, pay later (BNPL) users who fail to make their payments on time end up cutting back on life’s essentials or taking out additional loans to meet their commitments, according to a ...
Can Afterpay shares hit $200?
What odds would you put on Afterpay (ASX: APT) shares hitting $200?
Probably very steep odds and you would probably be right – particularly after the buy now pay later stock was caught in the marke...
Afterpay joins forces with Westpac to offer banking-as-a-service to Australian customers
Buy now pay later (BNPL) juggernaut Afterpay (ASX: APT) has secured a deal with Westpac (ASX: WBC) to facilitate the introduction of savings accounts and cash flow tools for its 3.3 million Australian...
Searching for value in the ASX-listed Buy Now Pay Later sector
Amid the US-led tech sell off, the ASX-listed Buy Now Pay Later (BNPL) sector has had a decent touch-up, with valuations as much as 40% down on their recent peak levels.
Is it enough to quell what ...
How to value Afterpay shares?
How much is buy now, pay later stock Afterpay worth?
It is an intriguing question but a very difficult one to answer after the stock was sold off after payments giant PayPal entered the field with ...
Afterpay to stage $800m raising, co-founders sell-down 4m shares
Buy now pay later company Afterpay (ASX: APT) has announced it will stage an $800 million capital raising as it looks to maintain sales growth in online shopping and expand into new markets.
The e-...
Buy Now Pay Later stocks rally to new highs
Buy Now Pay Later (BNPL) stocks were subject to an investment frenzy this week with major and mid-tier BNPL companies enjoying the upward ride.
It was a wild ride for BNPL heavy-weight Afterpay (AS...
Splitit Payments posts record May performance underpinned by growing shift to e-commerce
Global instalment payments solution business Splitit Payments (ASX: SPT) has posted record sales volumes for the month of May, citing a growing shift to e-commerce and the onboarding of larger merchan...
Afterpay hits 5 million active users in the US market
Over 5 million Afterpay (ASX: APT) users are now actively using the buy-now-pay-later service in the United States despite only launching there two years ago.
In total, almost 9 million have signed...
Chinese fintech giant Tencent buys 5% stake in Afterpay
Chinese fintech giant Tencent Holdings has shelled out approximately $300 million to purchase a 5% stake in Australian buy now, pay later company Afterpay (ASX: APT).
Afterpay lodged a substantial ...
Afterpay reports $7.3b in sales, mitigates COVID-19 impact
Renowned buy now pay later (BNPL) company Afterpay (ASX: APT) has revealed “continued strong performance” with underlying year-to-date sales reaching $7.3 billion while reducing costs to preserve cash...
Afterpay raises $300m as founders sell down stock
Buy Now Pay Later (BNPL) lender Afterpay Touch (ASX: APT) has completed a capital raising of more than $300 million to fund its global market expansion, at the same time as its co-founders sell down t...
Flexigroup locks in major retail partners for new Buy Now Pay Later platform to rival Afterpay and Zip Co
Australian finance provider Flexigroup (ASX: FXL) is giving rivals Afterpay Touch Group (ASX: APT) and Zip Co (ASX: Z1P) a run for their money, unveiling a string of deals for its new Humm Buy Now Pay...
Afterpay and Zip Co welcome senate report recommendations
Buy now, pay later (BNPL) stocks such as Afterpay Touch Group (ASX: APT) and Zip Co (ASX: Z1P) have welcomed a senate committee’s raft of recommendations into the sector, which includes the developmen...
