Square’s Proposed $29B Afterpay Acquisition Shines a Brighter Spotlight on BNPL
Retail TouchPoints
AUGUST 2, 2021
The Melbourne, Australia-based company currently serves more than 16 million consumers and nearly 100,000 merchants worldwide. Payment industry experts see the acquisition as a win for both companies as well as a sign of the growing ubiquity of BNPL. Schwartz noted that Afterpay is a founding member of the CLA’s BNPL task force.
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