Is Australia's Buy Now Pay Later boom at an end?
Australia's Buy Now Pay Later (BNPL) sector, led by companies like Afterpay, promised to disrupt consumer credit but faces questions about its viability. Despite significant investments and expansions like Afterpay's new arena venue, the sector has struggled to achieve profitability, with Afterpay never turning a profit in Australia.
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Is Australia’s Buy Now Pay Later boom at an end?
Australia's Buy Now Pay Later (BNPL) sector, led by companies like Afterpay, promised to disrupt consumer credit but faces questions about its viability. Despite significant investments and expansions like Afterpay's new arena venue, the sector has struggled to achieve profitability, with Afterpay never turning a profit in Australia.
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