- There’s a new buy now, pay later (BNPL) contender in town after Laybuy (LBY) launched its Mastercard offering
- The fintech‘s new digital card allows Australian customers to check out in-store using just their mobile phone
- Managing Director Gary Rohloff sung the card’s praises today, claiming it comes without the customer, interest, or monthly fees
- The new Flexi payment offering was born from payment giant Mastercard’s accelerator program, known as Fintech Express
- At one point, following today’s announcement, Laybuy shares jumped to trade for $1.56 each
- Since then, they’ve settled to trade a slight 0.7 percent up, worth $1.44
