Anyone see that latest Motley Fool article on Zip an hour ago....

Anyone see that latest Motley Fool article on Zip an hour ago.
Do they confirm Klarna bought 4% stake in Zip or are they just stupid to write allegedly lol

The Zip (ASX:Z1P) share price is the best performing BNPL of 2021

Zip shares have grown 35% in 2021.

ASX buy now, pay later (BNPL) shares have exploded in popularity recently and the Zip Co Ltd (ASX: Z1P) share price is the fastest growing one in 2021.Shares in Zip are up nearly 35% since the beginning of the year. The only other BNPL company with a market capitalisation above $500 million to even grow this year is Sezzle Inc (ASX: SZL).

It’s up almost 32% over the same time.Afterpay Ltd (ASX: APT) is down 9% in 2021, Latitude Group Holdings Ltd (ASX: LFS) is 11% lower, and Humm Group Ltd (ASX: HUM) is 9.3% off its price at the end of 2020.

Let’s take a look at some of the bigger stories that have rocketed the Zip share price.

What’s sent the Zip share price higher?

In 2021, Zip’s ventured to different parts of the globe. It’s expansion into North America via QuadPay helped to drive a 103% increase in transaction volumes and an 88% increase in revenue in Q2.40% of all Zip’s revenue for the quarter was derived from its North American business. Also this year, Zip made expansions into Asia as well as Europe and the Middle East.

The Zip share price rose on the days these updates were announced. Domestically, Zip’s been working to expand its reach into more retail settings. For example, Zip partnered with JB Hi-Fi Limited (ASX: JBH) earlier this year to make it easier for customers to pay with its product.

Investors and analysts have also taken a liking to the BNPL provider. "Swedish rival Klarna bought a 4% stake in the company and Bank of America Corp (NYSE: BAC) now owns a 7% interest."