[Link] Shares in Australian-listed buy-now-pay-later companies plummet by up to 96%

Read: 25/11/2021 www.theguardian.com

Shares in Australian-listed buy-now-pay-later companies have plunged by an average of about 80% compared to peak prices within the past year, driven down by swelling losses and lower-than-expected consumer interest in the product.

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[Link] PayPal will no longer charge late fees for buy now, pay later purchases

Read: 26/8/2021 www.engadget.com

Soon, you'll no longer get hit with additional charges if you miss a PayPal installment for a previous purchase.

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[Link] Zip plunges into the red as global expansion costs bite

Read: 25/8/2021 www.afr.com

Key Points Revenue ($m) 403.2, up 150.4% from year-earlier 161.0 Pre-tax loss($m) -718.3 compared with year-earlier 20.6 Net loss ($m) -652.5 compared with year-earlier -19.9 No dividend declared.

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[Link] Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal

Read: 6/8/2021 techcrunch.com

In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all stock deal. The purchase price is based on the closing price of Square common stock on July 30, which was $247.26.

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