The Fatfish (ASX:FFG) share price is up 9% this morning. Here’s why

The Fatfish Group Ltd (ASX: FFG) share price is up today after news broke of yet another acquisition. Fatfish has announced it will buy a 55% stake in Pay Direct Technology, a Southeast Asian payment gateway provider.

The Fatfish Group share price is currently trading at 12.5 cents, up 8.7% from Friday’s closing price.

Let’s take a closer look at Fatfish’s most recent acquisition.

Pay Direct acquisition 

The Fatfish share price is on the rise after the company advised its 55% stake in Pay Direct will have “impactful synergies” with its buy now, pay later (BNPL) rollout.

Pay Direct operates QlicknPay, a payment gateway…