Overview
Several firms promised to disrupt the consumer credit market by offering consumers their purchases instantly and the bill later. Did it work?
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Afterpay has never turned a profit in Australia. Last month, it spent millions to take over a Sydney Olympic Park arena.
Details
The company says Afterpay Arena will be the first venue where Australians can “buy now, pay later” for their event tickets, merchandise, dinner and even alcohol.
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Originally published at www.theguardian.com.