It’s payday: Afterpay set to be one of Australia’s top 20 companies

Monday December 14, 2020

Buy now, pay later app Afterpay’s continued growth has helped it join the ASX 20, with investors paying a record price for its shares, all before the company has made a cent in profit.

Afterpay is signing up 15,000 customers a day in the US. (Photo: Unsplash)

Afterpay’s phenomenal growth shows no sign of slowing as the payments provider shifts into rare company as one of the biggest 20 firms on the Australian sharemarket next week.

The payments provider will join the ASX 20 from December 21 after S&P Dow Jones Indices, which provides the index system for the…

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