Nick Molnar and Anthony Eisen built an empire by detecting and responding to major shifts in financial behaviour. So their views on the immediate future carry weight.
The cost-of-living crisis has fuelled greater demand for buy now,pay later products – especially from younger Australians – says Block executive Nick Molnar.
The US fintech giant is an example of how artificial intelligence is already being incorporated into financial services products today.
The government will regulate Afterpay and its rivals as credit,closing a gaping loophole – but there’s a twist.
It’s been a rocky ride for investors since Afterpay’s owner,US fintech giant Block,arrived on Australia’s sharemarket via a dual-listing last year.
As Block fends off explosive allegations from short sellers Hindenburg Research,data illustrates how some sectors are attracting the interest of investors who are shorting.
ASX-listed shares of Afterpay-owner Block plunged more than 20 per cent on Friday after a report from short seller Hindenburg Research alleged the fintech facilitated fraudsters and other criminal activity.
Fintechs may be falling out of fashion,but Afterpay’s owner says it has “unique” advantages when it comes to taking on banks.
Small businesses around the world were left unable to process payments for more than an hour on Tuesday morning.
Buy now,pay later player’s youth-focused app - Money by Afterpay - is being shuttered less than a year after its launch.
The billionaire co-founder of Twitter and fintech Block says Afterpay will form a central part of a financial “super app” he is developing.