Ioupay (ASX:IOU) share price rallies another 54% to new 52-week high // The Motley Fool Australia

The Ioupay Ltd (ASX: IOU) share price smashed 54% higher to a new 52-week high today. By market close, the Ioupay share price finished the day at 44 cents.

This follows a 30% leap in Ioupay shares on Tuesday, after the Malaysia-based buy now, pay later (BNPL) provider announced it had entered a merchant referral agreement with EasyStore Commerce. EasyStore currently services more than 7,000 merchants across Southeast Asia.

With no new announcements issued today, let’s take a peek at the company’s most recent results.

Ioupay share price soars following quarterly update

Since the release of the company’s December 2020 quarterly report on 29 January 2021, the Ioupay share price has rocketed by around 160%.

A major achievement…