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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Laybuy journey ends in receivership

After taking on new investors earlier this year, the retail environment has killed hopes for a revival.

Laybuy founders Alex and Gary Rohloff say they are ‘gutted’ to go into receivership.

The troubled trajectory of buy-now, pay-later (BNPL) group Laybuy has ended in receivership, with Deloitte appointed receivers for the company’s New Zealand and Australian operations on Monday.

In a move that Laybuy founder Gary Rohloff described as “gut wrenching”, the company blamed a

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Lachlan Colquhoun Mon, 17 Jun 2024
Contact the Writer: lachlan@nbr.co.nz
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Laybuy journey ends in receivership
Investment,
104529
true