Square Purchases Afterpay

On Sunday, Square announced that it has plans to buy Afterpay, an Australian fintech company. The company centers around allowing customers to make payments in four-free installments, and if they miss an automatic payment, they pay. Over the 16 million customers Afterpay has access and manage their installments over the Square Cash App. However, it is still not possible until the final transfer takes place over the first quarter of 2022. Square is Advancing its Payments Option Square, founded by…