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Afterpay revenue doubles, eyes more global expansion – Sydney Morning Herald

Global expansion is back in vogue at buy now, pay later juggernaut Afterpay, which added Asia to its target markets on Thursday.



Afterpay indicated it would release further details on its European expansion within months while it also hopes to have further news on its Asia plans this financial year.
Andrew Mitchell, a portfolio manager at Afterpay investor Ophir Asset Management, said: “The business model has been proven out now in a number of geographies and we are in the land grab phase of growth.”
He said the scale of online adoption continues to surprise but Ophir will closely monitor the quality of Afterpay’s growt…

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