There’s never a slow moment in the buy now, pay later (BNPL) race, or even much of a lull between news events at this point. Just days after Square announced plans to acquire Australian BNPL giant Afterpay, Apple and Affirm broke the latest bit of segment-shaking...
Citi Australia is getting into the buy now, pay later (BNPL) market with its new product called Spot, which is being issued by company subsidiary Diners and will officially launch in October. The card can be used online or in-store anywhere Mastercard is accepted worldwide...
Apple intends to roll out a Buy Now, Pay Later (BNPL) service in Canada with Affirm’s PayBright, according to Bloomberg, which sees the big tech giant branching out into other financial services. The program will be for sales of Apple devices in Canada. It will allow...
The buy now, pay later (BNPL) movement has accelerated at blazing speed in the last couple of years, quickly becoming a staple method of payment for merchants and consumers alike. It’s gaining ground online and off and is enjoying strong momentum, especially with the younger...
Square’s acquisition of Afterpay is “all about monetization,” according to Wedbush analyst Moshe Katri, speaking on Yahoo Finance, per Twitter. Square plans to buy Afterpay for approximately $29 billion. Katri said the deal would see the number of active users on the consumer side of...
The race to run buy now, pay later (BNPL) just picked up its pace again, as Square announced plans to purchase BNPL giant Afterpay in a $29 billion all-stock deal. Highlighting the brands’ similarity in a joint release, Square Founder and CEO Jack Dorsey noted...
The first thing you notice about the deal might be the size: $29 billion is an eye-popping number. Buy now, pay later (BNPL) has its promise, of course, but it also has its price tag. Firms pay up for growth, and within payments, growth lies,...
With a nod to the timeless talent of Rod Serling, we say, “submitted for your approval” and proffer the following factoid: The most recent edition of PYMNTS’ Buy Now, Pay Later Tracker found that nearly half of BNPL users won’t shop with merchants that don’t...
The race to control the buy now, pay later (BNPL) race has taken its latest surprise turn as FinTech giant Square has announced plans to buy Australian BNPL firm Afterpay in an all-stock deal worth about $29 billion, according to a press release. “Square and...
