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ASX flat as Afterpay hits record The ASX finished flat after two straight days of gains as shares in buy now pay later market darling Afterpay climbed to a fresh record. Business by Rebecca Le May 15th Jan 2021 5:01 PM The Australian sharemarket finished flat after two straight days of gains, with buy-now-pay-later market darling Afterpay among the winners along with iron ore and energy stocks. The S&P/ASX200 closed just 0.10 points higher at 6715.4 while the All Ordinaries Index inched ahead by 4.1 points to 6986.8. Axi ...

Australia-based Afterpay expands offering into Quebec as buy now, pay later space heats up Australia-based Afterpay will now offer its services in French in a move to target the Quebec buy now, pay later (BNPL) market. The BNPL company, which offers customers the opportunity to receive products immediately and pay for their purchases in four installments, expanded into Canada in August. Shoppers in Quebec can now use Afterpay at partnering Canadian and international retailers, choosing either English or French as their preferred language. “Our expansion into Quebec, as well...

PayPal cofounder Max Levchin is now worth $2.5 billion after the IPO of Affirm, which opened at $90.90, after pricing at $49. He's in good company.

The Australian share market finished session higher after fluctuating between losses and gains on Wednesday, 13 January 2021, as investors refrained from active transactions amid Political turmoil in the United States. The U. S. House pressed swiftly forward toward impeachment or other steps to forcibly remove President Donald Trump from office. At closing bell, the benchmark S&P/ASX200 added 7.52 points, or 0.11%, to 6,686.60. The broader All Ordinaries added 14.79 points, or 0.21%, to 6,953.89. The big four banks eked out modest gains. Commonwealth Bank, NAB, Westpac and ANZ recovered from...

Affirm Stock Skyrockets After IPO Point-of-sale lender’s stock briefly exceeded $100 in early trading and closed at almost double its initial offering price Affirm Holdings started trading on the Nasdaq under the symbol AFRM. Photo: Gabby Jones/Bloomberg News By Shares of Affirm Holdings Inc. surged in the company’s trading debut Wednesday. The buy-now, pay-later fintech firm, trading on the Nasdaq under the symbol AFRM, jumped as high as $103 shortly after it began trading around midday, far above its initial offering price of $49. The shares closed...