The sharemarket’s downtrodden buy now, pay later sector rocketed on Monday as Afterpay-owner Block surged 6.1 per cent and US player Sezzle surged 37.6 per cent on news it turned profitable for the final two months of 2022.
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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
