Laybuy adds JD Sports to payments roster
Laybuy’s buy now, pay later service is now available online with JD Sports in the UK.
This enables the retailer’s customers to spread the cost of purchases over six equal weekly interest-free payments at the checkout.
Gary Rohloff, MD and Co-Founder, Laybuy, says: “We know consumers want more choice at the checkout, and that weekly interest-free payments plans are important to them. It’s also great news for Laybuy users in the UK, who now have another exciting retailer to shop with.”
ASX
Yesterday, we reported that Laybuy had closed its pre-IPO fundraising round, pulling in $15 million of fresh equity.
According to an article by Financial Review: “Laybuy's advisers are still working through allocations, which will be finalised within the fortnight. Then it will be full steam ahead to an Australian stock exchange (ASX)-listing, which is expected to see the company hit the boards with a $200 million market cap.”
Hitting the UK
Last year, Laybuy launched in the UK in a partnership with Footasylum. The company started life in New Zealand and is majority owned by investment firm Pioneer Capital.