#BNPL #POS Finance / Aussie BNPL Zip closes $296m acquisition of US player QuadPay

The Afterpay rival also recently landed an AUD 200 million funding deal with US investor Heights Capital Management… Zip is focusing a big part of its expansion efforts stateside, as rival Afterpay steps into Europe with its Spanish BNPL acquisition.

New York-based Quadpay allows customers to pay in four interest-free instalments over six weeks, either online and in-store.

In September 2019, Zip bought PartPay, a New Zealand-based BNPL firm, for around NZD 50 million ($32 million)… PartPay also secured Zip’s presence in the UK, as well as New Zealand…

https://www.fintechfutures.com/2020/09/aussie-bnpl-zip-closes-296m-acquisition-of-us-player-quadpay/