NewsBite

Afterpay, Tencent plot expansion as Gen Z shuns credit

James Eyers
James EyersSenior Reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Afterpay is deepening its relationship with Chinese giant Tencent to capitalise on a dramatic shift away from credit cards by Millennial and Gen Z customers that has accelerated during the pandemic, says Nick Molnar.

The Afterpay co-founder, appearing at The Australian Financial Review Retail Summit, also spoke candidly as an employer about managing younger generations during a time of political and economic upheaval.

Loading...
James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/afterpay-tencent-plot-expansion-as-gen-z-shuns-credit-20200625-p5561x