Business
Zip share price surges 8% on QuadPay update – Motley Fool Australia
The Zip Co Ltd (ASX: Z1P) share price has surged 8.8% higher in early morning trade. This follows a trading update on New York-based BNPL provider Quadpay.
The Zip Co Ltd(ASX: Z1P) share price has surged 8.5% higher in morning trade. This follows a trading update on New York-based buy now, pay later (BNPL) provider QuadPay.
QuadPay has evolved to become one of the leading platforms in the United States (US), where the local retail market is estimated to be worth US$5 trillion per year.
Zip reported that it had entered into an agreement to acquire the remaining shares in QuadPay back in early June, as the ASX-listed BNPL provider expands on its gl…
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