REUTERS: Australian buy now, pay later firm Zip Co Ltd is looking to provide users a chance to trade in cryptocurrencies, co-founder Peter Gray said on Thursday, as established players in the sector test newer areas of business to power growth.
The company is vying to close ranks with bigger rivals Afterpay and Klarna, which are expanding into more countries and plotting new offerings as the BNPL sector attracts deep-pocketed names like PayPal and reportedly Apple. The rush of big players shows the popularity the sector has gained during the pandemic as young shoppers looked for easier access to credit."We know our younger generation of customers seek additional products and services that are relevant to them," Gray told Reuters.
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