Zip Co to acquire Twisto Payments for $140m.

Zip Co, an Australian public limited financial technology company, agreed to acquire Twisto Payments, a European “Buy Now Pay Later” provider, for $140m. "The acquisition of Twisto shows our commitment to global growth and follows our ‘Coalition of Founders’ model, where we back strong founders with a shared vision and deep cultural alignment in our quest for global payments coverage. We are very much looking forward to adding this strategic geography to our growing footprint and fulfilling global merchant demand. We have been impressed by the Twisto team, their deep customer focus and product set and look forward to working closely with them to deliver on the opportunities we jointly have in front of us," Larry Diamond, Zip Co-founder and CEO.