Beyond Afterpay, who are the next ASX fintech dazzlers?

August 13, 2021

The $39 billion takeover offer for Afterpay highlights the stupendous potential of our home-grown digital-oriented fintech minnows, bearing in mind the towering buy-now-pay later (BNPL) oak tree was a mere acorn five years ago.

Naturally, investor attention has turned to the slew of listed BNPL wannabes who are emulating the Afterpay model with various degrees of success.

But BNPL a crowded field and valuations are arguably toppish, such as the $4.35 billion valuation ascribed to the next biggest ASX listed player Zip Co (Z1P).