Zip to acquire BNPL competitor Sezzle in $491 million deal
Aussie BNPL giant Zip is set to acquire SME-focused competitor Sezzle, in a deal valued at about $491 million.
Source: smartcompany.com.au
📰 Wesley Nell News
Wesley Nell News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Wesley Nell. Real-time updates on events, politics, business and more.
For Zip and Afterpay, going public was about ensuring survival. What's changed?
Zip Co founder and chief Larry Diamond. Source: supplied. Photographer: Wesley Nell. The founders of both Afterpay and Zip have suggested their respective buy-now, pay-later businesses may have listed on the ASX before they were truly ready, in order to ensure their very survival. But in the years since, the ecosystem has evolved. There’s more VC funding around, more angel investors spreading their wings, and more successful entrepreneurs reinvesting their wealth. So, have we moved past a tim...
Source: smartcompany.com.au