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Zebit chief executive Marc Schneider grew up in trailer parks before founding the buy now pay later company.

Zebit prepares to join the ASX-listed buy now, pay later club

US-based e-commerce company Zebit is looking to raise $US30 million ($42 million) from investors, as it looks to cash in on the the buy now, pay later craze.  

  • Cara Waters

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Splitit boss Brad Paterson said the funds will be invested in its global expansion focused on the US, Australia and the UK.

Splitit raises $100m for global expansion as consumers 'still spending'

Afterpay rival Splitit says it is not seeing a decline in consumer spending as it announced plans to raise up to $100 million from investors. 

  • Colin Kruger
Splitit boss Brad Paterson is planning to raise more money.

Splitit cashes in on buy now, pay later frenzy

The cash grab continues for the red hot buy now, pay later sector with Splitit announcing its second capital raising in three months on Monday.

  • Colin Kruger
Buy now, pay later companies have shot up the ASX boards in recent weeks.

Stimulus end could challenge buy now, pay later's rampant rally

Fund managers and analysts have warned the heady run of buy now, pay later stocks such as Afterpay, Zip and Splitit could hit a wall in September.

  • Dominic Powell
NZ buy now pay later outfit Laybuy has booked in early look meetings with institutional investors this week as part of its IPO.

Splitit joins buy now, pay later party with record May sales

Shares in buy now, pay later operator Splitit soared as much as 35 per cent after the company reported a huge jump in sales and a bevy of fresh customers.

  • Dominic Powell
Buy now, pay later providers are facing a test as the coronavirus strips income and causes a surge in unemployment.

Splitit boss hits out at 'profiteering' buy now, pay later rivals

A top buy now, pay later executive has warned that rivals attempting to "gouge and profiteer" will take the biggest hit from the coronavirus pandemic.

  • Dominic Powell
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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
Splitit chief executive Brad Paterson is concentrating the company's efforts on high value customers and merchants.

Afterpay rival Splitit's shares sink on declining revenue, active customers

The stock, which rocketed 800 per cent in the six weeks following its ASX debut in late January last year, dropped as much as 18 per cent on Friday morning.

  • Colin Kruger
Some experts are already asking if buy now, pay later retail sales have peaked in Australia.

Afterpay rival Splitit says it is happy to let merchants surcharge

Afterpay rival Splitit says it is not worried by the threat of the Reserve Bank forcing buy now, pay later providers to allow surcharging as the challenges facing the sector grow.

  • Colin Kruger
Splitit Chairman Spiro Pappas (left) and chief executive Gil Don.

Splitit founder and chairman seek $2m in fees and share bonus

The chairman and the founder of Afterpay rival, Splitit, have asked investors to waive performance hurdles on share rights.

  • Colin Kruger

Original URL: https://www.smh.com.au/topic/spt-jrx