AFTPF News and Press, Afterpay Limited From 10/04/21

Square is a leading consumer and business finance FinTech player. It has been growing rapidly despite facing bigger rivals. Its targeted focus on Gen Z and Millennials has been successful. The company continues to penetrate this customer base with Afterpay acquisition and the TikTok c...

Payment solutions provider Afterpay (OTCPK:AFTPF +2.3%) has announced a partnership with e-commerce fashion platform Fashion Nova. Customers who shop Fashion Nova online will now have the option to pay using Afterpay at checkout, in four interest-free installments. The partnership come just i...

The assumption that younger consumers are embracing "Buy Now, Pay Later" and other point-of-sale financing options to avoid building credit card balances may not be the case, according to a new study from TransUnion. The study found that BNPL and POS offering did not appear to affect a consum...

About a third of U.S. consumers using "Buy Now, Pay Later" ("BNPL") services have fallen behind on one or more payments, Reuters reports, citing a study published by personal finance company Credit Karma. That proportion of late payments, though, improved from the end of 2020. In addition, 72...

PayPal (NASDAQ:PYPL) stock gains 1.7% in premarket trading after the fintech agreed late Tuesday to acquire Japan's Paidy for $2.7B, bolstering its "Buy Now, Pay Later" business. The move shows just how important the BNPL space has become for payment companies, following Square's agreeme...

Klarna (KLAR), the Swedish "Buy Now, Pay Later" payments firm said it will continue to forge into new markets and diversify its revenue stream after Q2 transactions on its platform jumped, Reuters reports. Klarna is currently active in 17 countries and has 90M global active users on its ...

Start Time: 19:30 End Time: 20:38 Afterpay Limited (AFTPF) Q4 2021 Earnings Conference Call August 24, 2021, 19:30 PM ET Company Participants Nick Molnar - Co-CEO Anthony Eisen - Co-CEO Rebecca Lowde - CFO Conference Call Participants Phil Chippindale - Ord Minnett Chris Brendler - D.A. David...

Square is in hyper-growth mode. Bitcoin makes up a massive portion of revenue but recall bitcoin pricing was very weak in Q2, showing Square's resilience to movement in Bitcoin pricing. There are a number of risks to an investment here but, in the near term, these are unlikely to ...

We invest globally across the market cap spectrum - seeking opportunities to purchase high-quality franchise businesses at discounted valuations. We follow a research-intensive, concentrated strategy which generally consists of 6-15 core positions. During the Q2, our portfolio generat...

Square’s announcement that it’s going to acquire Afterpay for $29 billion just about broke the payments portion of the internet last Monday. The Square/Afterpay acquisition has accelerated the conversations for how traditional banks and card networks should be thinking a...