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Square to buy Afterpay for $29 billion as buy now, pay later booms

Square to buy Afterpay for $29 billion as buy now, pay later booms

2 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-afterpay-m-a-square/square-to-buy-afterpay-for-29-billion-as-buy-now-pay-later-booms-idUSKBN2F21IP

(Reuters) -Square Inc will purchase buy now, pay later (BNPL) firm Afterpay Ltd for about $29 billion in Australia's biggest-ever buyout, creating an online payments giant to tap into explosive growth in the niche payments sector.