Sezzle
BNPL bloodbath: Zip merger falls apart as CBA takes $2b hit on Klarna
Zip has scrapped its merger with fellow buy now pay, later operator Sezzle as Klarna’s valuation falls and Assistant Treasurer Stephen Jones warns of new regulation.
- Sarah Danckert
Latest
BNPL sector needs to dig itself out bad debt hole, says Zip chair
Diane Smith-Gander says the buy now pay later group has a positive story to tell but the entire sector missed a fundamental shift in the market.
- Sarah Danckert
Bye now, party’s over: Afterpay’s clones are unravelling in Australia
Many of the buy now, pay later firms that sought to replicate Afterpay’s success on the ASX have fallen on hard times. And analysts are forecasting more pain is on the way for these groups.
Zip and Sezzle in merger talks as BNPL consolidation heats up
Sezzle shares have surged after it emerged Zip was in talks with the company about a possible takeover.
- Clancy Yeates
‘It’s almost comical’: Sezzle boss dismisses hedge fund short sellers
Australian investors have taken a shine to this fintech which has been valued at as much as $2 billion despite rising losses and not generating so much of a dollar of revenue in Australia. But not everyone is a fan.
- Colin Kruger
BNPL firm Sezzle counters Apple threat by hooking up with US card giant
Sezzle’s founder has a warning for new buy now pay later rivals PayPal and Apple: Just offering customers to pay in four instalments isn’t enough anymore.
- Colin Kruger
Zip, Afterpay brush off PayPal concerns as shares savaged
The chief executives of Australian buy now, pay later companies have batted away investor concerns over payment giant PayPal's entry into the sector.
- Dominic Powell
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
Original URL: https://www.smh.com.au/topic/szl-jto