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The $25 billion buy now, pay later juggernaut is mulling an entry into the small business lending market as it expands its offering to consumers and businesses.
“We will definitely be asking those questions in the future.”
Hatton also reportedly said she is focused on the “second album” that is, launching new products and services for both consumers and businesses.
As Afterpay expands on a global scale, it’s at a ‘build’ or ‘scale’ stage in various markets.
In Australia, she said, it has surpassed these stages and is “ready to evolve”.
It’s not clear exactly what Afterpay’s small business lending offering would look like, but it’s not the only BNPL player diversifying.
Aussie rival Zip launched its own business trade product just last month, offering a line of credit of up to $150,000 for small businesses.
The $25 billion buy now, pay later juggernaut is mulling an entry into the small business lending market as it expands its offering to consumers and businesses.