Afterpay Limited

ASX:APT
Deleted on 2022-02-05 00:30:05

Afterpay Limited

ASX:APT
Deleted on 2022-02-05 00:30:05
$66.47 (-2.2%)
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elpaso96
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Last edited 4 years ago
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elpaso96
Added 4 years ago
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Regulatory Update – California, US

"The Company confirms that an Afterpay subsidiary applied for a California finance lender’s license through the DBO in 2019. The DBO issued the license on 12 November 2019 and the license is valid. Afterpay applied for the license to facilitate its potential future expansion into other service offerings in the US that align with the Company’s business model."

Woah now I believe they have a moat, pipping out Sezzle for the lender license. Afterpay can now take market share away from Sezzle in US. Massive news for the company.