An ASX darling once upon a time, Buy Now Pay Later (BNPL) stocks are fading away from the spotlight. Endless hikes of interest rates, if not resulting in more bad debts, is turning away consumers from spending. With less and less demand and mounting bad debt write-offs, competition between BNPL providers is getting fiercer. Those
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New Zealand’s leading BNPL provider, Laybuy (ASX: LBY) has reported an impressive year across the board, proving that there is space yet to grow in the seemingly saturated sector. Since its inception in 2017, Laybuy has gone from strength to strength with a seemingly well timed entry into the BNPL market. Laybuy is now recognised
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The buy-now-pay-later train is showing no signs of slowing down with Australian investors keen to jump aboard new BNPL investment opportunities as evidenced by the opening day of trade for Laybuy Group (ASX: LBY) as an ASX-listed company. Founded in 2017 by Gary Rohloff and his family in New Zealand, Laybuy Group has emerged as
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