Business
Is the Klarna / Flybuys partnership the future for ASX BNPL providers?
Earlier this week, buy now, pay later (BNPL) payment provider Klarna Australia announced it has partnered with Flybuys in what the company is calling a “revolutionary” arrangement. But, what does this mean for ASX-listed BNPL shares?
Flybuys, a subsidiary of Coles Group (ASX: COL) and Wesfarmers Ltd (ASX: WES), has agreed to provide Australian Klarna users 3 Flybuys points for each Klarna ‘vibe’ point they transfer into their Flybuys account.
The deal is the first of its kind for an Australia-based BNPL company. Let’s take a closer look at the agreement between Klarna and Flybuys.
What is Klarna?
Klarna Bank is a…
-
General21 hours agoFootballers and movie stars: PM’s Shanghai tourism push
-
Business20 hours agoNvidia reaches the $4 trillion mark. Can it hit $5 trillion in 2025?
-
Business19 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General18 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project