Friday, 24 March, 2023
Square will pay $29 bn for digital payments platform Afterpay
<p>Square, the digital payment business founded by Twitter CEO Jack Dorsey and based in the US, has agreed to buy Afterpay for $29 bn. Afterpay is a company that specialises in the "buy now, pay later" strategy, which allows customers to make recurring payments at no extra charge. Square plans to integrate Afterpay's credit services into its existing Seller and Cash App components, allowing small businesses to take advantage of their services.</p>
Read full story at Bloomberg Quint
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