- Afterpay Limited is a one of the pioneers the BNPL market which has grown its revenue to half a billion in just 5 years.
- BNPL transaction volumes are growing astoundingly fastand could further grow 72% on rising incomes among Millennials and Gen Z customers which makes up three quarters of the company’s revenues.
- The company is pushing its global expansion into North America and the UK forming partnerships with notable brands and financial institutions and fintechs.
- We are sceptical of its ability to sustain its growth momentum as competition heats up from the notable entry of Paypal and mounting regulatory scrutiny.
For further details see:
Afterpay: Competition Threatens Global Expansion