Aussie BNPL firm Zip reportedly set to retreat from 10 international markets
Zip expects “significant” amounts of cash to roll in due to these exits, with positive cashflow expected by 2024.
Zip
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FinTech Futures: Top five stories of the week – 22 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
BNPL firms Zip and Sezzle agree to call off proposed merger agreement
The merger was initially announced earlier this year.
Aussie BNPL firm Zip confirms Sezzle acquisition
The deal values Sezzle at approximately $360 million (AUD 491 million).
Aussie BNPL firm Zip confirms Sezzle takeover talks
The potential deal would follow a string of acquisitions by Zip over the past 18 months.
2021: Top five mergers and acquisitions
FinTech Futures takes a look back at some of the year’s top mergers and acquisitions.
Zip completes acquisition of Czech BNPL firm Twisto
The move will grant Zip access to the EU market from its UK springboard.
Aussie BNPL firm Zip targets Indian expansion with ZestMoney investment
The investment underlines Zip’s strategy to capitalise on the high-growth Indian BNPL market.
BNPL firm Zip extends acquisition spree, buys up Twisto and Spotii
The Australian firm has spent $105 million on its new buyouts.
Zip boosts Aussie exchange to 11-month high with $56m share purchase
The BNPL firm raised $26m in oversubscriptions, at $5.29 a share.
Czech BNPL Twitso nabs €16 million in Series C funding
Investors include Aussie BNPL unicorn Zip.
Aussie BNPL Zip closes $296m acquisition of US player QuadPay
“The US is a critical part of our global strategy,” says CEO.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
