Joining in on the market frenzy for all things related to buy-now-pay-later, Digital Wine Ventures (ASX: DW8) has launched its own offering of the phenomenon in the form of Credit-as-a-Service (CaaS) where customers will be able to buy up to $250,000 of wine from their platform, and pay later. Intended to operate like BNPL market
Read MoreNew Zealand-based Buy-Now Pay-Later company Laybuy Group Holdings Limited, is set to list on the ASX next month after COVID-19 required the company to delay their plans to list earlier in the year. Laybuy’s raise comprises a A$40m primary issuance, and an additional A$40m in existing shareholder securities and employee gifts. Proposing to trade under
Read MoreDespite being an Australian company that listed on the ASX last year, the United States has emerged as the core growth market for buy-now-pay-later provider QuickFee (ASX: QFE) which is gaining traction from their BNPL repayment options for accountants, lawyers and other professional service providers. Reporting their FY20 performance which included a $13.5m IPO in
Read MoreThe BNPL (Buy-Now-Pay-Later) space has investors divided, on one side there is a belief that it is the next big craze and will become the payment method of the future. On the other side, many think some of them have a runway too high on hype. The question remains can APT and Z1P grow earnings
Read MoreThe pioneer of Australia’s buy-now-pay-later sector has reported a big uptake in adoption since Flexigroup (ASX: FXL) consolidated its BNPL businesses with retail-focused brand humm delivering a 315% rise in transaction volumes through the June quarter. As the key differentiator against its competitors, humm allows customers to make interest-free purchases of up to $30,000. This
Read MorePayments company Splitit (ASX: SPT) is set to expedite its global growth strategy having partnered with Mastercard Inc (NYSE: MA) to develop Buy-Now-Pay-Later (BNPL) options into Mastercard’s technology suite. Through the partnership, Splitit aims to capitalise on the global BNPL phenomenon while offering payment choices, control and simplicity to consumers and businesses. “We are very
Read More