Australia based BNPL Fintech Afterpay to Offer a Money and Lifestyle App with Assistance from Westpac
Australia-based Buy Now, Pay Later (BNPL) Fintech
Afterpay (ASX:APT) says it will be diversifying its business operations with the introduction of a “money and lifestyle” app.
The Money app has been developed following Afterpay‘s partnership with Westpac. Through their collaboration, Afterpay is able to operate on the bank’s new banking-as-a-service (BaaS) platform.
The Money app – which is currently being tested with staff members ahead of an October 2021 launch – should allow Afterpay’s BNPL clients to check their balance, pending or upcoming orders, and installments along with their everyday spending account as well as savings account information.
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