Is Afterpay a bubble ready to burst?

Why is APT soaring? Chinese tech giant Tencent bought a 5% equity share of Afterpay (ASX:APT) ASX investors then rallied behind APT, triggering a 30% surge. Tencent was attracted to Afterpay after seeing its rapid expansion in the US, gaining 4.4 million customers in 2 years. Before this news, many investors were sceptical about Afterpay […]

BNPL industry update – Z1P and Afterpay continue to grow while CBA backs Klarna to take over

Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. The BNPL industry had an incredible come up in 2019, with Afterpay dominating the market and ZIP Co heating up the competition. The BNPL industry has seen significant growth as […]