Debt in Disguise: The Hidden Risks of Buy Now Pay Later Schemes The rise of Buy Now Pay Later (BNPL) services, such as Klarna, Afterpay, and Affirm, has transformed the way consumers shop, offering the promise of flexibility and affordability. These platforms allow users to break down purchases into smaller, manageable payments, often with little […]
Square and Afterpay have entered into a “Scheme Implementation Deed” under which Square will acquire all of the issued shares in Afterpay. The transaction will be paid entirely in stock and is estimated to have a value of $29 billion. Like many other buy-now-pay-later companies, Afterpay has thrived during the pandemic as more shoppers have […]
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