$APT-AU News

Last published 4y ago

4y agoSAN-ES APT-AU PYPL SQ+4Santander launches a buy now, pay later service to take on fintech rivalsCNBCThe bank touts its security and prestige as a key factor differentiating it from fintech rivals like Klarna and Afterpay.
4y agoSEZNL Z1P-AU APT-AU AFRM+2'Buy now, pay later' stocks tumble after U.S. consumer watchdog launches probeCNBCThe Consumer Financial Protection Bureau is seeking information from Affirm, Afterpay, Klarna, PayPal and Zip on the risks and benefits of their products.
4y agoAPT-AU AFRM PYPL AMZN+2$46 billion fintech Klarna sees losses quadruple amid surging demand for buy now, pay laterCNBCBuy now, pay later products like Klarna's have seen surging demand over the last year, thanks in no small part to the coronavirus pandemic.
4y agoGPS JWN TPR RL+14Stocks making the biggest moves midday: Gap, Nordstrom, Deere, VMware and moreCNBCThese are the stocks posting the largest moves in midday trading.
4y agoAPT-AU AFRM M WMT+1Four ways holiday shopping has changed since the pandemic beganCNBCAs holiday shoppers gear up for celebrations, they're preparing for a season that will look noticeably different than a year ago.
4y agoAFRM APT-AU MSFT PYPL+1‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plansCNBCFraudulent activity is on the rise at some of the largest buy now, pay later (BNPL) platforms, according to experts.
5y agoAFRM AMZN APT-AU AAPL+1Affirm shares soar after announcing expanded deal with Amazon, fiscal Q1 revenues beat estimatesCNBCAffirm will serve as the sole third-party buy now pay later option for the e-commerce giant.
5y agoBABA SPOT APT-AU AFRM+4UK buy now, pay later start-up quadruples valuation to $2 billion, plans U.S. expansionCNBCBritish start-up Zilch is riding the "buy now, pay later" wave to America.
5y agoSQ PYPL APT-AUFintech giants Stripe and Klarna partner on 'buy now, pay later' as competition heats upCNBCThe deal could be a way for Stripe to capitalize on the fast-growing BNPL trend as rivals like Square and PayPal make big moves in the space.
5y agoLC AFRM APT-AU PYPL+3Fintech firm Upgrade is getting into buy now, pay later with short-term installment loansCNBCUpgrade, the fintech start-up founded by former LendingClub boss Renaud Laplanche, plans to launch a buy now, pay later-style product.
5y agoAPT-AU AFRM WMT PTON+1Retailers bid farewell to layaway, as shoppers embrace buy now, pay later optionsCNBCRBC Capital Markets estimates a buy now, pay later option increases retail conversion rates 20% to 30%, and lifts the average ticket size between 30% and 50%.
5y agoAPT-AU AFRM PYPL AMZN+3How buy now, pay later became a $100 billion industryCNBCMillions of shoppers now use a buy now, pay later, or BNPL, service to finance their purchases. And the options are more varied than ever.
5y agoPYPL AMZN AAPL AFRM+3British fintechs are jumping into the booming buy now, pay later marketCNBCMonzo and Revolut, two of Britain's best-known financial technology firms, are planning to enter the booming "buy now, pay later" industry.
5y agoAFRM AMZN BAC SQ+5Affirm shares soar after Amazon partnership that lets you buy expensive things in installmentsCNBCAmazon will allow customers to buy items through Affirm in the U.S.
5y agoAPT-AU PYPL MA AXP+3The 'buy now, pay later' trend could be the next hidden source of consumer debt, analysts warnCNBC"Buy now, pay later" options used by consumers for online purchases are becoming increasingly popular, but analysts warn of default risks.
5y agoAFRM SQ APT-AU AAPL+1Why millennials and gen-Zs are jumping on the buy now, pay later trendCNBCThe BNPL trend has spawned companies with huge valuations, like Klarna ($46 billion) and AfterPay, which Square will buy in a $29 billion deal.
5y agoM WMT PTON PYPL+8Square's Afterpay acquisition proves Jamie Dimon is right to fear 'increasingly smaller role' of Wall StreetCNBCSquare's Afterpay deal again highlights Wall Street's 'increasingly smaller role' in finance, as payments and fintech companies attract younger consumers.
5y agoHOOD APT-AU CMG ROKU+1Cramer says buy Robinhood as a bet on further expansion into financial servicesCNBCThe "Mad Money" host said the reaction to Square's planned Afterpay acquisition shows the benefits of Robinhood expanding into new services.
5y ago.SPX .DJI .IXIC US10Y+25 things to know before the stock market opens MondayCNBCU.S. stock futures gained ground Monday, the first trading day of August, after the S&P 500 logged its sixth straight monthly gain in July.
5y agoSQ APT-AU AFRM PYPL+6Square to buy Australia's Afterpay in $29 billion deal as 'buy now, pay later' trend takes offCNBCJack Dorsey's payment company announced a $29 billion, all-stock deal to buy Australia's Afterpay as the installment loan competition heats up.
5y agoAFRM AAPL GS APT-AUAffirm shares fall on report Apple is working with Goldman Sachs to offer buy now, pay later serviceCNBCThe report is the latest sign that Apple wants to offer additional financial services through its Wallet app and partnerships with financial firms.
5y agoBTC.CM TWTR TSLA APT-AU+1Klarna's CEO is 'deeply worried' about tweets promoting bitcoin and thinks regulators should step inCNBCKlarna chief Sebastian Siemiatkowski said he's worried about tweets promoting bitcoin and thinks regulators should act to protect people from potential losses.
5y agoAPT-AU LBY-AUBritain is cracking down on the $3.7 billion 'buy now, pay later' industryCNBCThe U.K. Treasury said buy now, pay later firms would come under the supervision of the Financial Conduct Authority.
6y agoBLK PYPL APT-AU GRPN+1Klarna becomes Europe's biggest fintech unicorn at over $10 billion valuation after mega-roundCNBCSwedish payments start-up Klarna just raised $650 million, putting its valuation over $10 billion and making it the European fintech most highly valued by investors, including VCs, sovereign wealth funds, and asset managers.
6y agoPYPL APT-AU BABAKlarna, Europe's $5.5 billion fintech, sees losses rise sevenfold in the first halfCNBCKlarna is mostly known for its "buy now, pay later" scheme that offers shoppers interest-free financing over a period of installments.