NewsBite

Flexigroup Limited

Advertisement
Latitude Group chief executive Ahmed Fahour

Fahour’s Latitude expands buy now, pay later push with Humm deal

Latitude chief executive Ahmed Fahour says his group will be able to offer a range of interest-free loan products to Humm’s buy now, pay later and credit card customers.

  • Sarah Danckert

Latest

Flexigroup CEO Rebecca James told the AGM the company's mission is "to revolutionise the way people buy".

Flexigroup joins the banking rush

Two years after Rebecca James joined Flexigroup as its chief executive, she says the buy now pay later group is finally ready to make its bet on the sector pay off.

  • Colin Kruger
Afterpay founders Anthony Eisen and Nick Molnar watch as competitors scramble for minor placings.

Afterpay's mini-mes vie for shelf space in the buy now, pay later market

Not all members of the buy now, pay later tribe have been created equal - which becomes apparent when they seek to tap investors.

  • Elizabeth Knight
FlexiGroup CEO Rebecca James says her transformation is delivering.

Flexigroup rebrands to humm as it seeks piece of BNPL action

Flexigroup chief executive Rebecca James says the company's move to change its name to humm is more than a makeover of its branding.

  • Clancy Yeates
Flexigroup CEO Rebecca James said that trade has softened but some of its customers are still spending strongly on solar power, home improvement and health.

Flexigroup tightens credit, boosts cost cutting as virus subdues trade

Flexigroup has confirmed that trading has softened this month, as it brings forward cost cutting measures and tightens credit assessment across its three lending businesses.

  • Colin Kruger
Police explain to hundreds waiting outside a Centrelink office that they will have a very long wait as Centrelink websites slow and crash.

Prospect of mass defaults sends Afterpay, Flexigroup plunging

Would Afterpay survive if 40 per cent of its customers defaulted? That's one of the scenarios investors are crunching the numbers on as queues of freshly unemployed people snake around Centrelink offices around the country. 

  • Colin Kruger
Advertisement
Afterpay is expected to take a hit as the coronavirus impacts on the jobs market and retail sales.

Afterpay rebounds but cloud lingers over buy now, pay later sector

Afterpay shares have soared in a relief rally that also buoyed rival buy now, pay later stocks but concerns about the impact of the coronavirus continues to dog the sector.

  • Colin Kruger
The sharemarket is worried that lowly paid Millennial shoppers may provide a coronavirus-induced headache for buy now pay later providers like Afterpay.

Afterpay and rivals crash over Millennial armageddon fears

More than $11 billion has been wiped from the valuation of Afterpay in less than a month as fears grow that its customers who are buying now won't be able to pay later. 

  • Colin Kruger
Rebecca James has moved quickly to reposition Flexigroup.

Flexigroup offers buy now, pay later for your morning coffee

Flexigroup has finally launched its buy everywhere and pay later service bundll to bring buy now, pay later style consumer financing to transactions as small as buying a coffee. 

  • Colin Kruger
FlexiGroup chief executive Rebecca James has instigated a transformation of the consumer finance group.

Flexigroup flags earnings downgrade due to 'softer retail trading'

Flexigroup blamed weak retail conditions for a downgrade on Monday but UBS analysts said the damage was not from the consumer finance group's much touted buy now pay later business.

  • Colin Kruger

Original URL: https://www.smh.com.au/topic/fxl-lu