Square to Acquire Buy Now, Pay Later Pioneer Afterpay for $29-billion

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will buy Australian fintech company Afterpay Ltd for $29 billion, creating a global transactions giant in the biggest buyout of an Australian firm. Square’s decision to purchase the buy now, pay later (BNPL) pioneer is that it looks to expand further into the booming installment loan market. … Continue reading Square to Acquire Buy Now, Pay Later Pioneer Afterpay for $29-billion