Afterpay now has more customers in the US than its native Australia - Business Insider

of BNPL in the US. Considering that Afterpay added over 1 million new customers in November and December 2019 alone, and that its active customer base in the US grew a whopping 443% year-over-year in its fiscal H1 2020, Afterpay's position in the market is still rapidly developing.

Afterpay has the opportunity to use its success in Australia as a blueprint for the US, Afterpay cofounder and US CEO Nick Molnar told Business Insider Intelligence. So, if Afterpay can replicate the trust and loyalty it seemingly has with Australian consumers in the US, it can keep customers on board for years and potentially drive increased volume over time.

It has developed a significant in-store business in Australia, something it plans to introduce in the US soon. Afterpay's brick-and-mortar presence in Australia contributed 24% of its sales in the country. The company has yet to bring its offerings in-store in the US, so it can't access the channel where the vast majority of

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The US economy has gone from recession-proof to recession-bound in a month - Business InsiderThe combination of an oil price drop and the spread of the coronavirus means the US will almost certainly end up in a recession. pearkes pearkes pearkes Opinion-schminion. That's all it is.
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. airlines cut 2020 outlooks and slash flights as virus takes toll - Business InsiderMost airlines, including smaller US carriers like Southwest and Spirit, have drastically reduced capacity as demand for air travel sinks.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Sequoia: Top US VC fund names Luciana Lixandru first European partner - Business InsiderSequoia Capital, an early backer of Apple and Google, has named its first European partner as the fund looks to expand beyond Silicon Valley.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US cannabis edibles companies on Canadian market opportunity - Business InsiderCanada's cannabis market may balloon to $2.8 billion this year. Despite strict packaging rules, top edibles companies say they're racing to get a foot in the door. I took an edible on 4 occasions to help with my depression and it worked...way better than the garbage the Drs give me... Zoloft doesn't work, and Trazadone made me more depressed... ☠️ Dear Naija govt, this is a market you can tap into and market huge $$$
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump slams 'pathetic, slow moving' Federal Reserve as the coronavirus hits the US economy - Business InsiderEven before the outbreak, Trump repeatedly called for more aggressive measures including quantitative easing and negative interest rates. We slam a clueless buffoon as President. He's a complete joke. Worst President by far and there is tremendous competition for that title. They should be making meals specifically designed to boost the parts of the body the Coronavirus effects and adding non-psycho inducing hemp, aloe vera, marshmallow root etc. also that needs to be growing in Mass amounts and I takes time so they also need to disinfect the streets EVERYTHING to him is transactional. Cut the Fed rate, tax cuts..NONE of which directly impacts our ability to respond to a potential crisis. But protecting people's pocket books is paramount?!
Source: BusinessInsider - 🏆 729. / 51 Read more »