Afterpay to acquire Pagantis from NBQ for €50m.

Afterpay, an Australian financial technology company, agreed to acquire Pagantis, a provider of automated, friction-free consumer finance for e-commerce transactions, from NBQ for €50m ($58m). "Our momentum to date has given us the confidence to expedite our expansion into new global regions. Entering into such internationally relevant markets like the US and the UK and seeing our growth outpace what we experienced in our more mature Australian market, validates the appeal of our product on a global scale. Acquiring Pagantis provides us with the necessary regulatory licensing, resourcing and infrastructure to expedite the launch of Afterpay into key countries in Southern Europe and beyond," Anthony Eisen, Afterpay Co-Founder and CEO.