Buy-now-pay-later Zip Rumoured For Takeover
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February 7, 2024
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Speculation has resurfaced that buy-now-pay-later provider Zip could be approached for a takeover, as the company has staged a $60m turnaround after... Read More
ASIC Attacks Buy Now Pay Later Sector
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February 17, 2023
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The corporate regulator wants to seriously clamp down on the buy now, pay later industry, bringing strict new lending laws to the... 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
CommBank Loses $2 Billion On BNPL Punt
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July 5, 2022
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In February, Commonwealth Bank’s stake in Swedish buy now pay later business Klarna was valued at A$2.4 billion, according to the bank’s... Read More
Oz Buy Now Pay Later Sector Implements World First Industry Standards
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March 1, 2021
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Australia’s finance sector has become the first in the world to impose a code of practice on the booming buy now, pay... Read More
Afterpay In Firing Line Again As ‘Responsible’ Rival Names & Shames
Buy Now, Pay Later (BNPL) giant Afterpay is once again in the firing line after a fintech company slammed it for failing... Read More
Klarna CEO Blasts Buy Now, Pay Later Fees, Labels Them Extortion Schemes
The CEO of a global payments group has slammed the huge fees rival buy now, pay later (BNPL) operators charge retailers, describing... Read More
Appliances Online Partners With Klarna For ‘Flexible, Smoother’ Shopping
Australia’s largest online appliance retailer, Appliances Online, has today announced a partnership with Klarna to bring flexible payments for Australian consumers. Shoppers... Read More
CBA Triples Stake In Klarna
In a bid to head off encroaching fintech companies like Afterpay and Zip, the Commonwealth Bank has invested in Swedish company Klarna in... Read More
Zip Acquires BNPL Services In Global Expansion
Buy now, pay later provider Zip Co has chased local rival Afterpay in expanding overseas by acquiring payment platforms that will give... Read More