Afterpay has officially gone international
Yep, Afterpay is heading to New Zealand.
Afterpay signed its first international venture with Trade Me - a New Zealand buy, swap, sell marketplace.
Trade Me is New Zealand’s biggest and most popular online marketplace and classifieds site and it maintains the largest online retail market share. So its an ideal brand for Afterpay's launch in the region.
Trade Me will offer Afterpay exclusively and with the its massive reach, it will provide a channel for Afterpay to introduce itself to New Zealand customers and retailers. The mass exposure could provide a stepping stone for more future expansion in the region - good news for NZ residents who like to shop!
Afterpay managing director Nick Molnar said the Trade Me plan provides Afterpay with the opportunity generating strong returns in the short to medium term.
"It was very important for Afterpay to find a partner who was equally passionate about providing an unashamedly customer-centric product and from the outset Trade Me clearly understood our retail, rather than finance, approach," Molnar said.
Trade Me head of marketplace Stuart McLean said: “We are continually looking at how we can make buying and selling on Trade Me as easy and flexible as possible. We think both our buyers and our sellers will be really excited about the choice and ease Afterpay will offer them."
Afterpay will be available in New Zealand later this year. Trade Me will be working with its sellers to show them how Afterpay works, getting it up and running on their listings.
Perhaps this might open the door for Australians to finally get Afterpay on Gumtree or eBay?
If you love Afterpay as much as we do, check out the full list of stores offering Afterpay, by category.