Afterpay: No changes to Australian brand after reported US shake-up
Afterpay says it has no plans to shake up its Australian brand, despite reports its American operation will be merged with peer-to-peer payments platform Cash App, and payment experts flagging significant regulatory changes at home in 2024.
“Designed to deceive and confuse”: Afterpay parent company Block considers legal action over brutal shortselling report
Block, the American fintech giant which acquired Afterpay in a $39 billion deal, has "misled" investors on key business metrics and "embraced predatory offerings", according to a new report from infamous shortsellers Hindenburg Research.
Adam Schwab: BNPL has become an industry of meme stocks worth basically nothing
In five years, we will look back fondly on the BNPL sector much like we reminisce on the follies of the mid-2000s bubble like Babcock & Brown or Allco, or the dot com insanity of 1999, says Adam Schwab.
Afterpay and Square team up to see buy now, pay later dinners, coffees and massages
Square's physical point-of-sale systems are now integrated with Afterpay, letting the BNPL juggernaut reach into the hospitality sector.
Fintech Fupay brings in BNPL for groceries and petrol, as the pay-in-four trend continues
After expanding into renting last year, Fupay has announced new partnerships in the grocery and fuel sectors with Foodworks, IGA Marketplace and United Petroleum.
Apple has entered the payments race, and it’s brought the fastest car
If you're 'in payments' you’d be upset because Apple has decided to turn its iPhone into a payments processing device.
It will take a while, but the sharemarket crash has already begun
Crashes tend to play out slowly because speculators suffer from a terrible dose of cognitive bias. It takes a while for reality to sink in.
Afterpay’s $17 billion share price fall is very good news. Here’s why
Last August, Afterpay's founders announced the sale of their global buy now, pay later business for $39 billion. But the company is now worth about $22 billion, almost half its original price.
