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Afterpay Limited (abbreviated as Afterpay) is an Australian technology company and a buy now, pay later (BNPL) lender. [1] [2] Founded in 2014 by Nick Molnar and Anthony Eisen, it is now owned by Block, Inc. [3] As of 2023, Afterpay serves 24 million users, [3] [4] processes US$27.3 billion in annual payments, [5] and ranks among the three most-used BNPL services globally.
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According to CNN in April 2024, Square was available in the United States, Australia, Canada, France, Japan, Republic of Ireland, Spain, and the United Kingdom. [16] In February 2024, Block reported that its Square segment processed payments worth US$209.6 billion, while generating $7.03 billion in revenue and $3.13 billion in gross profit, for ...
Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. [3] The company provides an alternative payment platform offering interest-free installment plans at selected online stores.
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In February 2020, Afterpay was reported to have 3.6 million active customers in the US, 3.1 million in Australia and New Zealand, and 600,000 in the UK. According to ABC News (Australia) in August 2021, Afterpay had operations in the U.S., Canada and New Zealand, as well as in the U.K., France, Italy and Spain as Clearpay. [86]
Affirm Holdings, Inc. is an American technology company that provides financial services for shoppers and merchants. [3] [4] [5] Founded in 2012 by PayPal co-founder Max Levchin, [6] it is the largest U.S. based buy now, pay later lender.
Versapay announced in July 2017 that Royal Bank of Canada had partnered with Versapay to white-label the ARC solution [buzzword] and offer it to their customer base. [ 9 ] Later in May 2018, Versapay announced a partnership with First Data to become a Payment Facilitator, starting in Canada and the US, as part of its global merchant acquiring ...