Afterpay profits surge as more Kiwis turn to buy now pay later

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Afterpay has grown its revenue by 16.5% year-on-year as more Kiwis turn to the finance provider. Photo / Alex Cairns

In the 12 months ended December 31, 2025, Afterpay New Zealand reported buy now pay later (BNPL) revenue of $119.99 million, up

The company’s total revenue, including BNPL, late fee income and intercompany services revenue also rose, lifting from $121.9m to $143.1m year-on-year.

According to the financial statements, the company said its growth had been “primarily driven by an increase in the value of consumer orders processed through the BNPL platform as consumer and merchant demand for the Afterpay service has continued to grow”.