Australia's Zip taps U.S. market with buyout of buy-now-pay-later peer
June 02, 2020 at 00:26 AM EDT
Zip Co Ltd said on Tuesday it will buy out buy-now-pay-later (BNPL) firm QuadPay in a stock deal valuing the New York-based company at $269 million, as the Australian firm looks to tap the fast-growing U.S.-market where its rivals are thriving.
