Laybuy CEO Gary Rohloff: 'The banks hate us'

Tue, 04 Aug 2020

In New Zealand, Laybuy co-founder Gary Rohloff says his company has the lion’s share of the fast-growing buy now, pay later industry.Buy now, pay later has quickly become a consumer staple; what it is, is all in the name. Use it and you can get stuff now, pay the bill later.It is also a rapid form of consumer credit, done online, with amounts to spend approved in minutes and then paid off, usually in six or four-week instalments after a one-off payment up front. In Australia, Rohloff said, Laybuy is a “credible third&rdquo...

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