Daily Price Movement / General Discussion, page-18042

Lets think about this logically and sequentially.

1. News released from AFR about a 4% stake bought with "all signs pointing to Klarna" and suggestion of consolidation of BNPL.

"Klarna has reportedly nabbed a 4% stake in Zip, worth an estimated A$160 million, which remains below the 5% threshold for notifying the market it is a substantial shareholder... The report states the motivation behind the move was “designed to give it options should the buy now, pay later sector consolidate down to two or three main players globally.”

2. Zip releases trading policy for its staff to restrict purchase of shares in the lead up to ASX report announcements.

3. Klarna Partner Manager attends Quadpay party to welcome new partnerships. Why was he in attendance? They are competitors..?

IMO Klarna and Zip share very similar values, culture and focus on the e-commerce and shopping experience for customers, rather than just a pay in four. There was an interview with Klarna CEO a few days ago which expressed just this. They both believe in the disruption of the credit card and offering value for the customer.

I said it yesterday - "Zip and Klarna merge to create mega BNPL giant" haha. If this eventuates, a merger of Zip and Klarna would create a serious threat to global domination in BNPL space.