Business
Why Afterpay, Zip and BNPL share prices are crashing – finder.com.au
Share prices in BNPL stocks including Afterpay (APT) and Zip Co (Z1P) dove sharply Tuesday after PayPal announced new “pay-later” product “Pay in 4”.
Afterpay (APT), Zip (Z1P) and Sezzle (SZL) stocks fell Tuesday after PayPal unveiled a new BNPL product.
After a bullish six months, it was a sea of red today for Australia’s buy now pay later (BNPL) stocks.
Share prices in stocks including Afterpay (APT), Zip Co (Z1P) and Sezzle (SZL) dove sharply Tuesday after PayPal announced it was releasing a new “pay-later” product dubbed “Pay in 4” overnight in the US.
According to PayPal, the new payment service will offer interest-free loans to US cu…
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