Laybuy assets bought by Swedish fintech unicorn Klarna

Laybuy went into recievership on June 17. (Image: Supplied)

Wed, 21 Aug 2024

The New Zealand assets of buy now, pay later firm Laybuy have been bought by Swedish fintech company Klarna.Deloitte insolvency practitioners David Webb and Rob Campbell were appointed receivers and managers of Laybuy Group and its NZ subsidiary, Laybuy Holdings, on June 17.On Wednesday, Campbell confirmed the sale with BusinessDesk and said they oversaw the sale of the buy now, pay later (BNPL) technology operating platform and the customer and merchant contracts.“As receivers, we’re pleased to announce that an agreement has b...

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