Business
What’s lifting the Afterpay (ASX:APT) share price today?
The Afterpay Ltd (ASX: APT) share price is making a serious comeback in April, up almost 25% this month and up 3.02% to $124.86 at the time of writing.
What’s driving the Afterpay share price?
The Afterpay share price could be benefiting from rival Zip Co Ltd (ASX: Z1P) and its quarterly update.
In this update, Zip highlighted an 80% increase in group quarterly revenue to $114.4 million. This growth was driven by a 195% increase in transaction numbers to 12.4 million. Additionally, there was a 144% increase in transaction volume to $1.6 billion.
Zip’s US-based QuadPay business was a key driver of growth, with transaction volume growing…
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