SYDNEY, AUSTRALIA: Victor Group Holdings Ltd (ASX: VIG), a leading provider of cloud-based education solutions in China, has announced its strategic investment in LIT Technology Pty Ltd, an innovative fintech company with a strong presence in Vietnam. The deal, valued at AUD2,000,000.00, will be completed through the issuance of 80,000,000 shares at an issues price…
All posts tagged BNPL
Zip agrees to acquire Sezzle in a A$491mn share exchanged deal
SYDNEY, AUSTRALIA: Zip Co Limited (ASX: Z1P) has entered into a definitive agreement to acquire Sezzle Inc. in an all-scrip transaction by way of a statutory merger under the laws of the State of Delaware. Subject to the satisfaction or waiver of specified closing conditions, Sezzle stockholders will be entitled to receive 0.98 Zip ordinary…
Latitude Group to acquire Humm’s consumer business for $335mn
SYDNEY, AUSTRALIA: Latitude Group Holdings intends to acquire Humm’s consumer business (comprising BNPL, Instalments and Cards) for approximately $335 million comprising 150 million Latitude shares and $35 million cash. Latitude and Humm Group Limited have signed a non-binding heads of agreement in respect of the transaction, which includes an exclusivity undertaking until 31 January 2022.…
Zip Co acquires European BNPL platform Twisto for EUR 73.8mn
SYDNEY, AUSTRALIA: Zip Co Limited has completed the acquisition of a leading BNPL platform in Central Europe. Twisto Payments. Following shareholder approval at Zip’s AGM on Thursday, 4 November 2021, Zip has completed the acquisition of the remaining shares of Central European BNPL provider, Twisto. The acquisition provides Zip with a gateway to one of…