Business
Flexigroup rebrands to humm as it seeks piece of BNPL action – Sydney Morning Herald
Flexigroup chief executive Rebecca James says the company’s move to change its name to humm is more than a makeover of its branding.
Flexigroup provides a range of BNPL finance options through the humm brand, which is the third biggest player in Australia’s BNPL sector, and its key segment is for bigger ticket purchase of more than $1000. “We are a heavy hitter in this space,” Ms James said.
BNPL operators have been cashing in on a structural shift away from credit cards to types of instalment loans that do not charge interest, with the providers making most of their revenue from fees paid by the merchant.
The rebranding an…
-
Business22 hours agoThese top ASX 200 stocks could rise 25% to 60%
-
Business23 hours agoBroker names 2 small cap ASX shares to buy for big returns
-
Noosa News22 hours agoDid AI write your accounting expert’s report? – Proctor
-
Noosa News23 hours agoMin Woo Lee, Adam Scott and Cameron Smith in the mix after Australian PGA opening round in Brisbane