Square to acquire Afterpay for $29bn as ‘buy now, pay later’ booms
Aug 2, 2021 · Payments company Square has reached a deal to acquire Australian “buy now, pay later” provider Afterpay in a $29bn all-stock transaction that would be the largest takeover in Australian history.
Afterpay Newsroom
Nov 7, 2024 · More than Half of Americans Turn to Buy Now, Pay Later During Financially Stressful Times. Afterpay Launches New Brands as Consumers Turn to BNPL to Reduce Summer Spending Stress. As part of Block. Inc, catch …
Square, Inc. Announces Plans to Acquire Afterpay ...
Aug 1, 2021 · Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) today announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a …
US payments giant Square to acquire buy now, pay later firm Afterpay …
Aug 2, 2021 · Key points: Afterpay's board has unanimously recommended a takeover offer by Square. Square wants to purchase all Afterpay shares in exchange for Square stock, not cash. The deal represents a 30pc premium to Afterpay's Friday closing share price.
Updates - Afterpay Newsroom
Apr 7, 2022 · Updates. September 20, 2024. us. Unwrapping Afterpay’s 2024 Holiday Trend Report: From Bold Fashion Looks, High-Tech Beauty, and Must-Have Home & Travel Essentials. Consumer shopping insights based on Afterpay data unveil the top trends and must-haves across fashion, beauty, home and travel heading …. Read more.
Buy now, pay later industry to be regulated under Credit Act as …
May 21, 2023 · Buy now, pay later services, including Afterpay and Zip Pay, will be regulated under the Credit Act and required to obtain an Australian Credit Licence under proposed changes by the federal ...
Users of buy now, pay later services to undergo credit ...
Jun 5, 2024 · Under the proposed laws being introduced to parliament this morning, service providers such as AfterPay, Zip and Klarna will be brought under the existing Credit Act and be required to hold a credit licence. A BNPL service allows the consumer to buy a product but delay the payment, usually paying it off in instalments over a few weeks.
Square Acquires Afterpay for $29 Billion in All-stock Deal - Yahoo Finance
Aug 1, 2021 · Square Inc. said it reached a deal with Afterpay Ltd. to acquire the buy now, pay later company in an all-stock deal valued at $29 billion.
Afterpay Expands to More In-Demand Categories with New …
Kendra Scott, Made In Cookware, and Molekule among latest top merchants to offer Afterpay’s flexible payment solution, giving consumers more choice at checkout.
Square’s $29bn bet on Afterpay heralds future for ‘buy now, pay …
Aug 3, 2021 · Afterpay allows shoppers to split the cost of goods into four instalments with no interest — but a late fee if payments are missed.