ASX

Afterpay share price is tanking again as the world’s biggest investor, Blackrock, sells down again

- May 13, 2021 < 1 MIN READ

The world’s biggest investor, New York firm Blackrock, is selling down ASX-listed fintech Afterpay as the company’s share price continues to head south. Afterpay (ASX: APT) lodged yet another ceasing to be a substantial shareholder notice for Blackrock today, after nearly five months of the investment firm dipping in and out of having 5% stake… Read more »

ASX

Afterpay ponders US listing after sales soar

- April 20, 2021 < 1 MIN READ

ASX-listed Afterpay is contemplating a US listing as global sales for the third quarter of FY21 continue to boom. The buy-now-pay-later (BNPL) fintech (ASX:APT) beat market expectations, with underlying sales overall up 104% on 12 months ago, while underlying sales in the US and UK were up 167% and 246% respectively for Q3 FY21. Quarterly… Read more »

ASX

Afterpay is leading tech stocks over the cliff today after upping its raise to $1.5 billion

- February 26, 2021 2 MIN READ

Afterpay (ASX:APT) shares are being smashed today after returning to trade today in a bad end to the month for tech stocks. The buy-now-pay-later fintech called a trading halt to its shares yesterday ahead of releasing its half-yearly results, which included a $79 million loss, despite analyst expectations of a maiden half-year profit, and plans… Read more »

Fintech

Afterpay shares crashed through the $100 barrier after announcing a savings account deal with Westpac

- October 20, 2020 2 MIN READ

Shares in Melbourne-based buy-now-pay-later fintech Afterpay are up more than 5% in the first hour of trade this morning to top $100 after the company announced it had signed a deal with Westpac to offer savings accounts and cash flow tools to its Australian customers. The partnership will allow Afterpay (ASX:APT) to provide Westpac (ASX:… Read more »

News & Analysis

Shares in BNPLs Zip and Afterpay surge on acquisition news ahead of their FY20 results

- August 25, 2020 2 MIN READ

ASX-listed buy-now-pay-later stocks continue to be catnip for investors with shares in Afterpay and Zip Co. both soaring to fresh highs on Monday following performance updates ahead of both companies releasing their FY2020 results on Thursday. Afterpay (ASX: APT) shares rose 4.79% on Monday to close a new record of $82.73 after announcing plans to… Read more »