News & Analysis

BNPL fintech Splitit saw its share price double on a Mastercard deal, before issuing a ‘clarification’

- June 18, 2020 3 MIN READ

Thursday was a very good day for ASX-listed buy-now-pay-later venture Splitit which, just before 11am, told the market it had “signed a multi-year agreement” with Mastercard “to accelerate the adoption of Splitit’s instalment solution around the world”. The market was bullish for the Afterpay rival – itself hitting new record highs today before closing at… Read more »

News & Analysis

Prospa’s share price woes drag on following 2019 forecast downgrade

- November 21, 2019 2 MIN READ

SME lender Prospa’s week from hell for its investors continues after the fintech announced on Monday that it would undershoot its prospectus forecasts for 2019. Here’s the chart, courtesy of CommSec, that tells the story. Prospa (ASX: PGL) shares are down another 6.38% in lunchtime trade on Thursday to $2.20.  The Sydney fintech’s shares plunged… Read more »