Business
Will LimePay IPO drive ASX BNPL shares even higher? – The Motley Fool Australia
Limepay is the latest buy now, pay later (BNPL) company to seek an IPO on the ASX. How will this affect Afterpay (AXS:APT) and BNPL shares?
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…
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