Tag: APT

Afterpay ASX APT capital raising sell down BNPL

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 BNPL Afterpay Zip

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 merchant sales ecommerce ASX SPT May 2020 BNPL

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 ASX APT US user growth United States market COVID-19 May 2020

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...
Afterpay Tencent China ASX APT

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 sales COVID-19 impact ASX APT shares

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 Touch Group ASX APT shopping capital raising

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 ASX FXL Humm platform retail partners Buy Now Pay Later BNPL rival Afterpay Zip Co

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 Touch ASX APT Z1P SPT buy now pay later senate report credit

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...