Announced

Zip to acquire QuadPay for $228m.

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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