What would you pay for $1 of BNPL GMV?
Square’s popular free invoicing software is becoming the company’s next big subscription service. The company is poised to announce a paid subscription offering called Invoices Plus, which
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with
Starting with the assumption that 90% of startups will fail and the most successful ones take an average of six years to IPO, founders must make careful decisions about whom they invite to join the co
The main takeaways? "Buy now, pay later" may be effective at driving retail conversion, but scale matters and long-term margins look slim for BNPL startups.
Square paid around a quarter of its present-day value for Afterpay. That seems like a lot. But was it too much?
Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.
With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all-stock deal. The purchase price is base
The more specialized the BNPL startup, the less likely that Apple's foray into the BNPL space may prove combative; the more general the BNPL player, the more likely that Apple could snag its business.
Based in Sydney and Auckland, Dovetail is a full-service venture studio that works closely with founders who have a great idea, but may lack technical backgrounds. Dovetail helps them build companies
The BNPL space is flush with consumer interest but not yet awash in profits as major players battle one another for global spend share with a glut of smaller startups hot on their heels.
To better understand what's going on with the companies hoping to help you finance your next mistaken purchase, let's check out earnings results from Klarna, Afterpay and Affirm.
Following a government review, the U.K.’s financial services regulator will be instructed to regulate the buy now, pay later industry made popular by companies such as Klarna and AfterPay (known
We believe one of the most important trends to gain traction in the last three years to be point-of-sale financing, now referred to as Buy Now Pay Later (BNPL).
Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.