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Afterpay mulls a US listing: Is this a loss to the Aussie ecosystem? Afterpay co-founder Nick Molnar. Source: supplied. Aussie tech success story Afterpay is considering a listing in the US, but that doesn’t mean it’s forgetting its Aussie roots. And the listing could ultimately be a bolster to the local ecosystem, rather than a loss. In its Q3 FY 2021 business update the Aussie fintech announced it is working with external advisors to “explore options for a US listing”, given that the US is now the largest contributor to the business. Afterpay reported sales were up 211% year-on-year...

Business by David Swan Premium Content   Buy now pay later platform Afterpay is working with advisers to explore the potential of a US listing "given the US market is now the largest contributor to our business and is expected to continue to grow strongly". However, the company said it would remain headquartered in Australia and set no timeline for a board decision on the listing. A North American IPO would see Afterpay join the likes of software company Atlassian, which was started in Sydney but listed on the US tech-heavy NASDAQ, and is now worth arou...

By Reuters Staff 1 Min Read April 20 (Reuters) - Afterpay said on Tuesday it was exploring a U.S. listing without disclosing a timeline, as the Australian buy-now-pay-later firm’s third-quarter sales volumes more than doubled and beat market expectations. The Melbourne-based fintech reported underlying sales, the value of transactions it processed, of A$5.2 billion ($4.04 billion) in the three months ended March, 104% higher than a year earlier. ($1 = 1.2885 Australian dollars) (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Arun Koyyur)