Buy now, pay later lender Zip is putting the foot down on its global expansion and chief executive Larry Diamond says the board is acutely aware of execution risk as it ponders entering new markets in Europe and the Middle East.
Zip said on Thursday it had raised $120 million via an institutional placement and was seeking a further $30 million via a share purchase plan.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
