Tag: APT
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...
