Laybuy boss sees sector consolidation
The buy now, pay later company needs a capital commitment in next few weeks or will exit UK business.
Laybuy’s cash-hungry UK business needs more capital as investor appetite wanes.
Sector consolidation is looking likely for buy now, pay later business, says Laybuy managing director Gary Rohloff, after the company put a July 31 deadline on a decision about its future in the UK market.
In a statement to the ASX, Laybuy said if it did not achieve a capital commitment this month
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