As the OG of the buy-now-pay-later trend which gripped Australian consumer habits before turning out to be an awful business strategy, it’ been a much softer landing for humm group (ASX: HUM) which had a very strong lending business to fall back on, unlike its hip, young BNPL competitors. For humm, which was established back
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Binding – what a great word! This will be the sentiment amongst most shareholders in buy-now-pay-later company humm group (ASX: HUM) which like its peers has seen a sharp downturn in BNPL customers. Thankfully for those shareholders though, humm has a “binding” agreement to sell their consumer finance business to Latitude Group (ASX: LFS) with
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Australia’s OG buy-now-pay-later business is set to be cashed out at a high as the sector undergoes a consolidation phase with Humm Group (ASX: HUM) having been tapped on the shoulder by Latitude (ASX: LFS) for its consumer finance business to the tune of a $335 million offer. The offer comes in the form of
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Australia’s only profitable provider of pure play Buy-Now-Pay-Later services (BNPL) is set to expand its international footprint with the launch of businesses in the United Kingdom and Canada with humm (ASX: HUM) planning to be live in both regions before the end of 2021. Plans are on track to launch in the UK by June
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Aussies hoping for that botox top-up but are strapped for cash will be able to purchase their desired injectables through buy-now-pay-later with humm (ASX: HUM) adding popular skin care clinics to their bulging list of merchant partners, alongside a range of health and wellness providers. Offering BNPL services to its customers for purchases up to
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