Business
Will LimePay IPO drive ASX BNPL shares even higher?
The buy now, pay later (BNPL) sector is the ASX gift that just seems to keep on giving. This morning, we reported that BNPL pioneer Afterpay Ltd (ASX: APT) hit yet another new all-time high, this time over $155 a share.
That means the Afterpay share price is now up more than 30% in 2021 so far (and its only February!). We also looked at how the Zip Co Ltd (ASX: Z1P) is also on fire, up 14% today alone.
Over the past few years, BNPL companies like Afterpay and Zip have delighted their shareholders and confounded their critics over and over again. After all, Afterpay is now up more than 1,600% since the market crash in March last year – a real millionaire-maker.
Since BNPL is such a new growth area with an almost limitless runway…
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