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https://www.wsj.com/articles/humm-told-to-stop-adding-new-bnpl-customers-by-australian-regulator-1af9c9f

Humm Told to Stop Adding New BNPL Customers by Australian Regulator

By Stuart Condie

SYDNEY—Australian credit provider Humm Group said it has been ordered to stop signing up new buy-now-pay-later customers by a local regulator over concerns about the product’s suitability.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.