September 29, 2022

AndronETalksNews

AndronETalksNews

Square to buy Australia’s Afterpay in $29 billion deal as ‘buy now, pay later’ trend takes off

CNBC

By Kate Rooney – August 1, 2021

Square plans to buy Australian fintech company Afterpay as it looks to expand further into the booming installment loan market.

Jack Dorsey’s payments company announced the $29 billion, all-stock deal on Sunday evening. The price tag marks a roughly 30% premium to Afterpay’s last closing price.

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