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.
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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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