Having been involved in the development of digital banks across three continents over the last decade, Anthony Thomson is now heading up the UK board of Sydney-based buy-now-pay-later (BNPL) provider Zip. The company – which claims partnerships with merchants across a number of sectors since it began operating in the UK in March – has more than 7.3 million customers across 13 markets.
Growing use of BNPL as an alternative to credit cards has, however, attracted the attention of regulators, with the UK’s Financial Conduct Authority stating that it will consult on new rules for the sector in 2022.
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