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Payments giant Square to acquire ‘buy now, pay later’ provider Afterpay

Digital payments giant Square is to acquire Australian ‘buy now, pay later’ provider Afterpay as the instalment lending market continues to heat up. The 29 billion US dollar (39 billion AU dollar) deal is Square’s biggest acquisition to date and is expected to be paid all in stock. The acquisition will see Afterpay integrated into Square’s...

Aug 2, 2021