MAD MONEY
Block CFO says customers repay almost all buy now, pay later loans
PUBLISHED THU, MAR 3 2022 8:36 PM EST
KEY POINTS
- Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about Block’s acquisition of the buy-now-pay-later service.
- She added, “98% of consumer instalments were repaid by the end of the year, which is the same percentage we saw in the first half. This is a key focus area for us.”
https://www.cnbc.com/2022/03/03/block-cfo-says-customers-repay-almost-all-buy-now-pay-later-loans.html?utm_content=MadMoney&utm_medium=Social&utm_source=Twitter&fbclid=IwAR2cZuMazr_O_4xLVVQiXkJeKsk6KqTIEUKTfPIpEvDKxSqBsPcR_ejg_fE#Echobox=1646358219
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