Announced
Financials
Tags
Friendly
Pending
Financial Data and Systems
installment provider
FinTech
Australia
Acquisition
Private
Single Bidder
Majority
Cross Border
Synopsis
Zip, an Australian buy-now-pay-later company, agreed to acquire QuadPay, a high growth payments provider, at a valuation of $269m. "This deal will create a global payments business with $2bn annualized TTV, 3.5m+ customers and 26K+ merchants. We’ll be challenging establishment models and changing the landscape in Australia, New Zealand, USA, UK, and South Africa," Zip.
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