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The Latest Breaking News from Afterpay

Affirm Hits Profitability—Here’s What Investors Should Watch

Affirm Holdings is the leading buy now pay later (BNPL) provider and it finally turned a profit after posting another quarter of record revenues. This is next.

MarketBeat

Block, IBD Stock Of The Day, Rides Crypto Gains Ahead Of Earnings Report

Square parent Block is the IBD Stock of the Day as the digital payments company climbs above its 50-day moving average, forging an early entry point.

Investors Business Daily

Is Block Stock a Buy, Sell, or Hold Ahead of Ticker Change to XYZ?

Block will trade under the ticker XYZ starting on Jan. 21.

Barchart

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2 Tech Stock Bargains Offering Buy the Dip Opportunities

Every earnings season has its share of sell-the-news reactions that punish good stocks despite reporting solid earnings reports. The market is known

MarketBeat

How A $16 'Buy Now, Pay Later' Debt Blocked A Woman From Getting A Home Loan Despite $100k Savings

Lou, a final-year student working full-time in the tech sector, had to pay off her $16 outstanding BNPL debt and $38,000 in HECS student loans before securing a mortgage.

International Business Times UK

Buy now, pay later a "ticking time bomb"

The buzz around companies like Klarna and Afterpay has waned but repeat users fuel massive growth

Salon

Australia's Silicon Valley wins over cashed-up firms

Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.

AAP

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Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans

Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices

The Independent UK

Gina Rinehart retains top spot on rich list as 200 wealthiest Australians see fortunes grow by 11%

Technology figures including Afterpay founders rise up AFR rich list rankings, reflecting ‘changing nature’ of Australian economy

The Guardian - AU

Down On Its Luck Affirm Stock Gets Bearish Customer News

Affirm stock wavered Tuesday amid a report that Walmart, a key customer of the consumer financing firm, is readying its own "buy now, pay later" services.

Investors Business Daily

Fintech Fuels 105% Growth With Bitcoin Boost. Savvy Funds Want In.

Fintech leader Block fueled 105% earnings growth last quarter, driving Block stock into buy range, where it remains despite some volatility.

Investors Business Daily

How Square Aims To Expand Cash App Into Consumer Banking Services

Square parent Block is the IBD Stock of the Day as the digital payments company forms a high handle on a cup base.

Investors Business Daily

Amazon, Walmart Holiday Deals Will Tow In This Hot Shopping Trend

Buy now, pay later services like Affirm, to drive mobile holiday shopping in a key year for mobile.

Investors Business Daily

If it looks like debt, let's treat it like debt – 'buy now, pay later' schemes need firmer regulation in NZ

There are few stores without an Afterpay logo displayed on the door, or that don’t offer Laybuy at their online checkout. And these schemes are particularly popular with younger consumers.

The Conversation

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Newsroom.co.nz

Buy-now-pay-later closure hits unfunded medicines

Businesses relying on the popular but contentious payments model are finding their operations increasingly difficult to stack up, reports Andrew Bevin.

Investors Business Daily

SQ Stock Looks To Squash Summertime Blues With Fresh Breakout

With BNPL leader Afterpay under the Block umbrella and 122% EPS growth under its belt, SQ stock looks for a new breakout to pay off.

The Conversation

The rules for Afterpay, Zip and other 'buy now, pay later' providers are changing. What it means for you, and them

More than 6 million Australians have used the “buy now, pay later” lending services offered by Afterpay, Zip and more than a dozen other companies.

ABC News

Buy now, pay later services will be considered credit products by the end of the year. Here's how it will work

The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.

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AAP

Clampdown on buy now, pay later following abuse claims

The federal government will move to regulate buy now, pay later services in a bid to protect Australians against financial abuse and hardship.

The New Daily

Crackdown on buy now, pay later and its ‘unchecked dangers’

The booming and "unchecked" buy now, pay later sector will be regulated amid calls to better protect consumers against its "growing dangers". Financial

ABC News

Buy now, pay later industry to be regulated under Credit Act as part of changes by federal government

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 government.

ABC News

Rising cost of living forces parent to use buy now, pay later services for essential medication

A Mildura mum says she has turned to Afterpay to cover medication for her disabled son while another woman says she would rather go without medicine than pay on credit.

Fortune

Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can ChatGPT help it turn a profit again?

Klarna, a pioneering fintech startup, seeks a rebound after a year marked by layoffs and a plummeting valuation.

Los Angeles Times

Apple joins the 'buy now, pay later' lending trend. Do you know about the downsides?

Starting this week, Apple is rolling out its version of "buy now, pay later."

Investors Business Daily

How Apple Pay Later Will Pressure PayPal, Cash App And Affirm

Apple's launch of buy now, pay later offerings didn't move AAPL stock much, but investors in PayPal, Square and Affirm took notice.

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