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BUZZ – Australian BNPL stocks surge on Zip Co's India...

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    BUZZ – Australian BNPL stocks surge on Zip Co's India expansion
    23 September 2021 4:01 pm
    * Shares of Australian "buy now, pay later" companies surge, a day after Zip Co announced plans to acquire minority interest in Indian peer ZestMoney ...
    * Z1P deal affirms investor interest in the BNPL sector, sending shares up across the sector
    * Afterpay Ltd adds 4.22%, becomes second highest gainer on Australia's tech index
    * Z1P extends gains for a second straight session, jumping 4.45%
    * Splitit Ltd gains as much as 14.46% to A$0.475, its highest since Aug. 31
    * Sezzle Inc and Humm Group also rise more than 5% each
    (Reporting by Harshita Swaminathan in Bengaluru) (([email protected])

    © 2021 Thomson Reuters. Click for Restrictions.
 
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