Zip buys its way into Europe, Middle East | Ralph-Lauren

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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.



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