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Buy now, pay later companies: Why Afterpay is no longer a market darling

Buy now, pay later companies: Why Afterpay is no longer a market darling
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

Omkar joshiTom beadleJonathon higginsOpal capitalBei liuTribeca investment partnersShaun ler

Surprise Zip update points to acquisition deal with Sezzle

Analysts said Zip flagging steeper losses for the half three days before its interim results could be a cleansing statement ahead of the acquisition of Sezzle.

United statesDiane smith ganderJonathon higgins

Zip doubles first quarter sales, analysts back rebranding

Zip doubles first quarter sales, analysts back rebranding
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

South africaUnited statesUnited kingdomLarry diamondJonathon higginsWall streetMiddle east

Sezzle to place $40m in stock with 3rd-biggest US card issuer Discover

Sezzle to place $40m in stock with 3rd-biggest US card issuer Discover Share Action in the buy now, pay later sector continues, with Sezzle announcing the third-largest credit card company in the United States, Discover, will invest $US30 million ($40 million) via a placement at a premium to its share price. The deal will help Sezzle accelerate its in-store rollout, allowing it to issue “virtual” Discover cards that levy a higher interchange fee rate on retailers’ banks. This will make it profitable for Sezzle to provide the service without having to charge customer fees, or rely on affiliate fees charged to merchants for online sales.

Charlie youakimJonathon higginsAustralian financial reviewஜொனாதன் ஹிக்கின்ஸ்ஆஸ்திரேலிய நிதி விமர்சனம்

Australia s Rhipe gets a bid, fingers point to Europe

Australiaâs Rhipe gets a bid, fingers point to Europe Save Share Itâs ASX-listed software licence seller Rhipeâs turn to be caught up in the M&A wave sweeping Australiaâs technology sector. Rhipe shares went into a halt on Tuesday morning âin relation to a control transactionâ involving the group, which is the well trodden way of saying the groups has received a takeover bid. Rhipe has emerged as the likely takeover target of European player Crayon.Â Fingers were pointing at Norwayâs Crayon Group Holding ASA, which also offers software asset management and cloud licensing, and has been talking up its plans to buy a business.

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