Finder App Insights Report: Buy Now, Pay Later – August 2020
Australia's love affair with buy-now-pay-later continues.
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Buy-now-pay-later services like Afterpay and Zip Pay are increasing in popularity among Australians. Using anonymous transaction data from the 12,000 Australians who are now using the Finder app, we have produced a monthly report of these new ways of spending.
Overview of the Finder app
The Finder app is the first app of its kind in Australia that combines personal finance management with automated product comparison.
It's the next generation in comparison, making it easier to keep track of your money, while understanding where you stand when comparing your products.
Since the app was introduced in March 2020, over 12,000 Aussies have connected their bank accounts to the app.
The free Finder app provides a single-view of your finances and delivers automated savings tips straight to your phone across five key products: mortgages, credit cards, health insurance, savings and now broadband.
The new 'chance of approval feature' means you can find out how likely you are to be approved for a personal loan.
You can also obtain your free credit report and score in the app, and is updated monthly.
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