‘Suddenly unloved’: Investors desert Afterpay and Zip
The once adored buy now, pay later sector is facing a souring from investors with the biggest players likely to be hardest hit.
Afterpay
ASX stocks down led by tech, health losses
The ASX 200 index is trading lower with gains among the big miners and banks being offset by weaker tech and health players.
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$4.5m Afterpay shares and one almighty brawl
Court documents reveal high-profile lobbyists David Gazard and Jonathan Epstein have settled a secret and protracted battle over $4.5m of Afterpay options.
Afterpay to co-operate with US probe
Buy now, pay later provider Afterpay says it will co-operate with a US probe into risks associated with BNPL schemes, despite its share price tumbling.
ASX up, led by miners; Afterpay dives 7.6%
ASX closers higher on mining and energy; Afterpay dives 7.6 per cent as courts approve sale, Magellan in trading halt over contract ‘termination’ and Sydney Airport acquisition vote set.
ASX down 0.7% as investors ditch tech, property
The ASX 200 has closed 0.7 per cent lower following big falls across the tech and real estate space. Helloworld jumps on $175m corporate travel deal, 360 Capital ups Irongate offer, Wesfarmers to block Woolies API bid and Blackmores CFO quits.
Afterpay’s $39bn Block deal almost done
Australia’s largest ever corporate merger has just one more Spanish hurdle to overcome after investors strongly backed the deal.
Afterpay shareholders to vote on $39bn Square merger
The company’s shares have fallen by nearly 20 per cent in the last month.
ASX flat, CSL seals $16.4bn Vifor deal
ASX closes flat on real estate gains and heavy retail losses, CSL to buy Vifor for $16.4bn, Mesoblast tumbles 17.4 per cent, Woolies dives on profit warning and Polynovo soars 15.4 per cent.
ASX follows northern markets lower
The ASX followed the negative lead of US and European markets, with Afterpay and CSL proving major drags.
ASX ends 0.4% lower, Afterpay dives
ASX closes down 0.42 per cent with health and energy weak, Santos-Oil Search merger complete, and HomeCo restructure wins investor approval.
Zeller growing ‘at faster rate than Afterpay’
Fintech start-up Zeller says it has signed up more merchants in eight months than Afterpay did in three years.
Afterpay takeover open to question
A severe sell-off in Square Ltd suggests the takeover of Afterpay would not happen on the same terms today.
Afterpay tumbles on deal approval delay
The Australian buy now, pay later sector continues to fall, with a crucial Afterpay shareholder vote delayed.
Aussies caught in shocking ‘debt trap’
Financial counsellors are concerned a particular payment method has created a spiralling money problem, with many Australians at risk.
ASX up slightly after Zip and Afterpay slump
The ASX 200 has finished fractionally higher, amid sharp tech falls led by Zip and Afterpay. Investors dumped Bapcor following early CEO exit. The Santos-Oil Search merger has cleared one PNG hurdle. Metcash soared after solid results.
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Afterpay, Square tumble as $39bn deal hits snag
Shares in both companies have dropped by more than 5 per cent after a crucial shareholder vote was postponed.
Dorsey’s Square to become Block
Jack Dorsey has taken a leaf out of Mark Zuckerberg’s book, kicking off a company-wide rebrand ahead of a $39bn Afterpay acquisition.
ASX closes down 0.15%, Afterpay dives
ASX closes down 0.15 per cent, CSL eyeing $10bn firm, Afterpay dives after delayed Square vote, API soars on Woolies bid and Coles faces court action.
Dorsey’s exit as Twitter chief executive a big win for Afterpay
Australia’s ‘buy now, pay later’ darling stands as a big winner from Jack Dorsey’s shock exit.
Afterpay maps out tribes of shopping world
Afterpay is helping retailers identify and target their best buy now, pay later shoppers, from the ‘Polished Premiums’ to ‘Outdoor Adventurers’.
Beforepay locks in strong demand for IPO
Beforepay has received orders worth more than the size of its $35m IPO as the book build for its float closes on Friday.
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Afterpay ‘not anti-regulation’ ahead of Square supercharge
Afterpay looks forward to engaging with regulators on changes ahead of Square’s $39bn takeover supercharging growth ‘10 times over’.
Young stockpicker on hunt for next success story
Stockpicker Eleanor Swanson had to work hard to convince colleagues Afterpay was a bargain in 2019 but the ‘crazy’ investment struck gold. So what’s her next move?
It’s drink now, pay later
As Afterpay and others start trying to infiltrate spending in pubs and restaurants, it’s a signal that regulation is required in the buy now, pay later sector.
Afterpay’s ‘super fans’ spur new app
Buy now, pay later darling Afterpay is going squarely after Gen Z females with its new app, launching Tuesday.
Afterpay deal will bring ‘ultimate superpowers’: Dorsey
The US tech billionaire is full of praise for Australia’s buy now pay later provider, with its $39bn merger receiving a vital tick.
Original URL: https://www.theaustralian.com.au/topics/afterpay/page/4