Australia’s Afterpay to launch banking app in October
Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL) services for its 3.5 million-plus Australian users as competition intensifies, the company said on Tuesday.
Afterpay’s move to open to major U.S. merchants will boost margins, analysts say
Afterpay’s (APT.AX) move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday, as the Australian company’s shares rose nearly 8%.
