Afterpay Touch launches service in the US

Company News

by Anna Napoli

Afterpay Touch (ASX:APT) has announced the launch of its modern day lay by service in the US.

The payments system will be available in Urban Outfitters starting this week.

Urban Outfitters is one of the largest lifestyle fashion retailers in America with total sales volume of around US $3 billion.

The agreement is for 5 years with a 2 year minimum.

Afterpay (ASX:APT) shares have jumped almost 10 per cent to $7.63 following this morning’s announcement.


Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.