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Buy now, pay later dragged into Uvalde shooting controversy

Tom Richardson

The role of buy now, pay later provider Credova in facilitating firearms purchases in the US is under scrutiny after it emerged the gun used in the Ulvade, Texas, school shooting was sold by a firearms manufacturer that offered Credova’s consumer financing.

A row of AR-15 style rifles manufactured by Daniel Defense sit in a vault at the company’s headquarters in Black Creek, Georgia. AP

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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/buy-now-pay-later-dragged-into-uvalde-shooting-controversy-20220529-p5apdi