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Buy now, pay later juggernauts Afterpay and Zip report surging customer numbers – NEWS.com.au

Buy now, pay later juggernauts Afterpay and Zip report surging customer numbers

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Active customers have surged 80 per cent at buy now, pay later juggernaut Afterpay as instalment payments continue to find favour with shoppers, but the company booked a bigger half-year loss and embarked on a capital raising.The company’s net loss for the six months to December 31 amounted to $79.2m, more than double its $31.6m loss for the previous corresponding period, primarily driven by a net loss on financial liabilities plus foreign currency losses, one-off items and other factors.
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