Australia’s Zip taps U.S. market with buyout of buy-now-pay-later peer
Zip Co Ltd said on Tuesday it
will buy out buy-now-pay-later (BNPL) firm QuadPay in a stock
deal valuing the New York-based company at $269 million, as the
Australian firm looks to tap the fast-growing U.S.-market where
its rivals are thriving.
will buy out buy-now-pay-later (BNPL) firm QuadPay in a stock
deal valuing the New York-based company at $269 million, as the
Australian firm looks to tap the fast-growing U.S.-market where
its rivals are thriving.
Posted by Reuters
