Business
Latest ASX entrant mixes BNPL with eCommerce – Motley Fool Australia
Zebit is the the latest buy now, pay later and eCommerce entrant to seek a place on the ASX, with a listing planned for September this year.
United States-based Zebit is the the latest buy now, pay later (BNPL) entrant to seek a place on the ASX, with a listing planned for September. According to the Australian Financial Review (AFR), Zebit will be looking to raise $42 million which would value the company at $200 million. But Zebit is not just looking to muscle in on the BNPL space, it is also an eCommerce retailer a la Kogan.com Ltd (ASX: KGN), selling some 90,000 products.
Strong growth in eCommerce and BNPL
BNPL providers have…
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