Published 3 years ago

Jack Dorsey’s Square Acquires Australian Credit Giant AfterPay for $29 Billion

Summary by NDTV

Afterpay, created in 2014, has been the bellwether of the niche no-credit-checks online payments sector that burst into the mainstream last year.

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NDTV

Jack Dorsey’s Square Acquires Australian Credit Giant AfterPay for $29 Billion

Afterpay, created in 2014, has been the bellwether of the niche no-credit-checks online payments sector that burst into the mainstream last year.

3 years ago·New Delhi, India

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Tech Wire Asia

Dorsey's Square Inc buys Australia's Afterpay now, in hopes it pays off later

Jack Dorsey’s Square is spending US$29 billion on the Australian buy now, pay later firm AfterpayThe deal is set to be Australia’s biggest-ever buyout.Afterpay and Square have the potential to build one of the world’s most important payments networks, according to experts.Australia’s Afterpay Ltd, a buy now, pay later (BNPL) pioneer, was just bought by Dorsey’s Square Inc for a whopping US$29 billion — the biggest buyout of an Australian firm to…

3 years ago·Kuala Lumpur, Malaysia

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