Buy now, pay later provider Zip is expanding to Europe and the Middle East after agreeing to buy two companies for $160 million.
Zip will buy European firm Twisto Payments for $140 million and emerging payments provider Spotii of the Middle East for $20 million. Both offer buy now, pay later services.
The purchases follow Zip’s entry into the US and UK.
Shares were higher by 1.99 per cent to $7.18 at 1120 AEST.