Zebit, the latest BNPL to IPO, plunged 34% on debut

- October 26, 2020 < 1 MIN READ

  US-based buy-now-pay-later Zebit bucked the trend for soaring BNPL shares when it made its debut on the ASX today, losing around 34% of its listing price of $1.58 to close at $1.04. The online retailer (ASX: ZBT) with a BNPL offering, which targets “credit challenged” US consumers, raised $35 million in its IPO, but… Read more »