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update-2-australia-s-zip-snaps-up-buy-now-pay-later-firms-in-europe-middle-east

UPDATE 2-Australia's Zip snaps up 'buy now, pay later' firms in Europe, Middle East

* To spend $123.7 mln to buy out Twisto and Spotii. * Company had raised an extra A$400 million in April (Adds background, details on recent capital raise) May 24 (Reuters) - Australia's Zip Co Ltd said on Monday it fully acquired a buy-now-pay-later (BNPL) company each in Europe and the Middle East for a total of A$160 million ($123.65 million) as it looks to expand its global presence in a rapidly growing industry.
Read more on: newsbreak.com