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Laybuy share price soars 47% above IPO on first day of ASX trading – Motley Fool Australia
The Laybuy Group Holdings Limited (ASX: LBY) share price has stormed higher on its first day of trading on the ASX.
The Laybuy Group Holdings Limited(ASX: LBY) share price has stormed higher on its first day of trading on the ASX.
The Laybuy share price finished the day on $2.08, 47% above the IPO listing price of $1.41
The buy now, pay later (BNPL) company went as high as $2.30 in early morning trade, before settling back.
What does Laybuy do?
Launched in 2017, Laybuy has been growing rapidly in Australia, New Zealand and the UK. The fintech company has partnered with over 6,000 retail merchants to offer…
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