Interest rate rises are expected to continue dominating national headlines for the months ahead but this hasn’t stopped Aussie borrowing behaviour as witnessed by neolender Plenti Group (ASX: PLT) which issued 11% more loans through the June quarter than the March quarter. Where prior corresponding period metrics tend to be the ones reported the most,
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Zip Co’s (ASX: Z1P) global expansion plans are being realised with the Company today announcing the next steps for their push into overseas markets through the outright acquisitions of European BNPL provider Twisto Payments, and UAE-based BNPL leader Spotii Holdings. The move aligns with Zip’s strategic acquisitions plan. Both companies have been integrated into Zip’s
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Debt management company Credit Intelligence (ASX: CI1) has become the latest financial service provider to enter the BNPL sector with the launch of YOZO Pay which has commenced lending to business owners, offering flexibility and transparency. The launch of YOZO Pay is an extension of Credit Intelligence’s primary services where the profitable company’s operations have
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Despite COVID-19 having challenged the retail industry, consumers have substituted trips to the mall with online purchases in droves as evidenced by Zip Co’s (ASX: Z1P) results though May with the BNPL provider reporting a 78% increase in YoY monthly revenues to $15.6m. Beyond the significant increase in their online payment volumes, transaction volumes were
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