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Fraud hitting fintechs 'harder than ever': Laybuy CEO

Laybuy looking at capital options after reporting a $51m loss yesterday.

Gary and Robyn Rohloff have no plans to sell their stakes in the company

Maria Slade Wed, 01 Jun 2022

Fraud is impacting e-commerce providers more than ever and they must remain vigilant to it, Laybuy chief executive Gary Rohloff says.

The buy now, pay later platform reported a $51m loss for the year to March, not helped by a spate of fraudulent activity in the run up to Christmas.

The firm was now

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Fraud hitting fintechs 'harder than ever': Laybuy CEO
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