- Zip Co (Z1P) has completed the purchase of QuadPay, a leading high growth buy now, pay later (BNPL) player in the United States
- Quadpay allows customers to pay in four interest-free instalments over six weeks, online and instore
- In June, the company announced it was going to purchase QuadPay for $403 million
- CEO and co-founder, Larry Diamond, is pleased to welcome QuadPay to the Zip family
- Additionally, the company completed the issue of $2 million convertible notes and warrants to CVI Investments
- Zip is down 6.55 per cent on the market today and is trading for $8.56 per share
Zip Co: Completes QuadPay acquisition
