Business
Here’s why the IOUpay (ASX:IOU) share price is rocketing 30% higher
The IOUpay Ltd (ASX: IOU) share price has been a very strong performer on Tuesday morning.
At the time of writing, the Malaysia-based buy now pay later (BNPL) provider’s shares are up a massive 30% to 26 cents.
This leaves the IOUpay share price trading within sight of its record high of 28 cents.
Why is the IOUpay share price rocketing higher?
Investors have been buying IOUpay shares today following the release of a positive announcement.
According to the release, the company has entered into a merchant referral agreement with EasyStore Commerce. This agreement will enable EasyStore’s merchants and end-user customers to utilise IOUpay’s BNPL payment services.
What is EasyStore?
The release explains that EasyStore was…
-
General20 hours agoThree players sin-binned as Australia win torrid second Test 14-4 over England to retain Ashes
-
Noosa News12 hours agoClean-up begins in south-east Queensland after homes, cars damaged by giant hailstones
-
Noosa News14 hours agoDo the Queensland government’s claims about the surgical waiting list stack up?
-
General13 hours agoRock climbers’ defiance grows over Mount Arapiles cultural site requests