Zebit (ASX:ZBT) share price rises on quarterly report

The Zebit Inc (ASX: ZBT) share price had some ups and downs today after the company announced its quarterly and half year reports. Shares in the e-commerce company went up as high as $1.13 in afternoon trade before retreating to close at $1.10, up 0.45%.

Zebit is a California based e-commerce company that enables customers to pay for products in instalments over six months.

The small cap retailer operates in both retail e-commerce and financial services. Zebit sells products as a merchant and provides the financing for its customers (via a BNPL solution) for those products over time.

What’s driving the Zebit share price?

The Zebit share price was up today on the back of its solid quarterly report ending 31 December which exceeded…