Buy Now Pay Later Crash: OpenPay Suspended, Laybuy Delists
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February 3, 2023
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A huge crash in the buy now pay later sector caused by central banks lifting their borrowing rates has led to Aussie... Read More
Afterpay, Zip, React To Proposed Buy Now Pay Later Regulations
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November 22, 2022
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Afterpay and Zip have shared differing opinions on new regulatory options put forward by the Treasury will impact the buy now, pay... Read More
Afterpay Parent Soars After 38% Profit Leap
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November 4, 2022
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Afterpay’s parent company Block beat expectations with its third quarter profits, sending shares up almost 11 per cent this morning. The company... Read More
Afterpay Shuts Money App, Ends Westpac Deal
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August 26, 2022
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Afterpay is closing down its Money app from next month, and ending its relationship with Westpac, due to conflicts with parent company... Read More
Payments Leader Block Sued, 8.2M Customers’ Data Stolen
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August 25, 2022
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Another company founded by billionaire tech guru Jack Dorsey is under fire for massive security failings. Mere hours after the former security... Read More
BNPL To Be Treated As Credit, Aussie Regulators Say
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July 12, 2022
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The struggling buy now, pay later sector will be regulated in the same way credit is in Australia. “This should not be... Read More
Aussie BNPL Stocks Drop As Apple Enters Space
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June 7, 2022
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Numerous Australian buy now pay later companies have fallen after Apple officially announced it will be entering the space. Apple announced at... Read More
Block’s Revenue Tumbles, Bitcoin To Blame
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May 6, 2022
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Afterpay’s owner Block missed analyst forecasts for its first quarter earnings, as a dive in cryptocurrency prices hurt the company’s bottom line.... Read More
Afterpay Racks Up Debt, As Users Buy Now, Pay Never
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April 13, 2022
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Afterpay has posted shocking losses of $345 million, as the Aussie buy now pay later company’s financials reveal that many of its... Read More
Afterpay Posts Six-Month Loss Of $345.5M
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April 12, 2022
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As Afterpay was being acquired for a mammoth $39 billion, it was suffering significant losses, new figures released by Block have shown.... Read More
