Buy now pay later The new model is a bit more expensive than the old one, but it comes with some nice features. The number of consumers opting for BNPL credit rose from 400,000 to two million between 2015 and 2018, while the number of credit card accounts declined by 1.5 million in the year to March 2019. Afterpay Touch is leading the march with a share price of around AUD30 ($20), after a market launch price of AUD1 three years ago. The company is now entering the US market, with plans to eventually expand to the UK.
Buy now pay later (BNPL) fintechs are disrupting the Australian credit market, wrote Elizabeth Knight in The Sydney Morning Herald. The number of consumers opting for BNPL credit rose from 400,000 to two million between 2015 and 2018, while the number of credit card accounts declined by 1.5 million in the year to March 2019. Afterpay Touch is leading the march with a share price of around AUD30 ($20), after a market launch price of AUD1 three years ago. The company is now entering the US market, with plans to eventually expand to the UK.