Australian 'buy now pay later' app Afterpay, which is making moves into the US market, has picked up former Obama adviser Larry Summers. The news comes right as Scott Galloway – who predicted the collapse of WeWork's doomed IPO – says he doesn't see a bright future for Afterpay and similar companies. He reckons big players like Visa and MasterCard could easily eat Afterpay's lunch.
Not sounding good for APT. Streetie should read this.
Australian 'buy now pay later' app Afterpay, which is making...
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