ASX-listed buy now, pay later (BNPL) fintech Zip plans to acquire rival Sezzle in a $491 million all-scrip merger. The offer, now under a definitive agreement, will see Sezzle (ASX: SZL) investors swap their holding for 0.98 Zip (ASX: Z1P) shares, with Sezzle priced at $1.78 and Zip, $2.21. The transaction offers 22% premium on… Read more »
Shares in US-based, buy now pay later fintech Sezzle (ASX:SZL) had exploded today, up more than 20% in the first hour of trade after the company raised $80 million in an institutional placement. Sezzle shares exploded out of the blocks from $6.95 last Thursday before trade was suspended pending the raise, to climb as high… Read more »
US-based puy now, pay later venture Sezzle (ASX: SZL) has tapped the market for A$86.3 million (US$60m) in the second major raise for ASX-listed fintechs with soaring share prices. The company’s share price jumped more than 40% last Thursday before the ASX called a trading halt following a media speculation of the raise, which represents 8.9% of… Read more »
Investor lust for ASX-listed fintechs continued today with US-based Sezzle (ASX: SZL) skyrocketing more than 50% in Thursday morning trade before the ASX handed the stock a speeding ticket and placed it in a trading halt. While easing during lunchtime trade, Sezzle shares were at one stage up 54% to peak at $7.50 having started… Read more »
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