Aussies are ditching debit cards and going digital instead, as Apple Pay and Google Pay begin to take hold
Debit cards are falling behind at just 17% of the overall spend, while buy now, pay later providers like Afterpay and Zip are still catching up.
ASX-aspirant MoneyMe valued at up to $243 million
IPO hopeful MoneyMe, backed by Vocus Communications founder and one-time small cap fundie favourite James Spenceley, has been valued at up to $243 million.
MoneyMe rolls out property marketing BNPL platform ahead of IPO
Personal loan group MoneyMe is throwing its own hat into the buy-now pay-later (BNPL) ring with the launch of its latest product ListReady.
Australian FinTech company profile #54 – Assembly Payments
Assembly’s multi channel capability provides a unified way to accept payments online and instore, helping businesses pay and get paid quickly and seamlessly
Peter Gammell-backed Octet takes BoQ’s debtor finance arm
Bank of Queensland has sold its debtor finance business to the market’s second biggest non-bank player, privately-owned Octet
Could banks adopting Buy Now Pay Later mean the end of credit cards?
As Buy Now Pay Later becomes more popular, young Aussies are bidding farewell to credit cards and some of the big financial players are taking notice.
Afterpay CEO dismisses threat from CBA’s big investment
Afterpay CEO Anthony Eisen has hit back at CBA’s entry into the buy now pay later sector, declaring Swedish rival Klarna was more like a traditional lender.
CommBank will take on Afterpay in buy-now pay-later market
CommBank is moving with the times in a financial market where buy-now pay-later companies like Afterpay and Zip Co have gained traction with consumers.
