Square makes ‘game-changing’ play for Afterpay in big bet on buy-now pay-later wave

Square Inc. plans to acquire buy-now pay-later (BNPL) operator Afterpay Ltd. in what one analyst sees as a "game-changing" $29 billion deal that will help Square participate in a fintech wave that has transformed the payments experience in Afterpay's native Australia and that has started to gain traction in the U.S.