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FlexiGroup (ASX:FXL) share price surges 10% higher on Mastercard deal and trading update // Motley Fool Australia
The FlexiGroup Limited (ASX: FXL) share price has been a strong performer on Thursday.
In morning trade the financial services and buy now pay later company’s shares are up 10% to $1.18.
Why is the FlexiGroup share price surging higher?
Ahead of its annual general meeting this morning, FlexiGroup announced a partnership with payments giant Mastercard to expand the application and distribution of its bundll product.
Bundll is the world’s first buy now pay anywhere platform built by humm.
The bundll product, which is already live in Australia, allows customers to buy now pay later everywhere Mastercard is accepted and bundle their purchases into easy to manage instalments with inbuilt budgeting services.
According to the release,…
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