Where Industry Meet Trends

ai robot image

Zip, a Sydney-based BNPL fintech platform, has acquired Spotii, a Middle Eastern buy now pay later firm for $20M and eyes expansion into the Middle Eastern region. The financial deal between the two firms includes an additional payment of $15 million to be made to Spotii shareholders if certain performance milestones are achieved. Spotii had expanded its BNPL services to Saudi Arabia last year.

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish