August 2022
Listed payments tech biz Splitit in $8m cash call
ASX-listed Splitit Payments was asking investors to tip in $8 million on Friday to stock up its balance sheet and to develop its product offering.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
June 2021
Splitit signs white-label deal with ‘Afterpay of the Middle East’
Splitit will provide a white label version of its credit-card-based buy now, pay later software to Saudi Arabian start-up Tabby.
- Jessica Sier
January 2021
ASX sinks 2.8pc in worst week since October
The sharemarket limped to a fourth month of gains despite a late slide on Friday afternoon. Volatility spiked over the week as retail traders took on Wall Street. Westpac lifted its $A forecast to US85¢ by mid-2022.
- Updated
- Robert Guy, Vesna Poljak, Sarah Turner and Tom Richardson
Splitit jumps on Google Japan deal
A deal to allow Google's customers in Japan to pay for new phones through instalments has given Splitit a lift.
- Jonathan Shapiro
October 2020
ASX gains 1.1pc; Zip, Netwealth, ELMO soar; Xero hits record
The sharemarket gained for a fourth consecutive day, notching up it's longest winning streak since early July. The market is up 5.4 per cent this week. Netwealth surges after funds update. ELMO surges 12 per cent after $32 million Breathe acquisition.
- Updated
- Robert Guy, Vesna Poljak, Sarah Turner, William McInnes and Tom Richardson
September 2020
QuickFee and Splitit partner to expand US market
QuickFee and Splitit will offer buy now, pay later plans on credit cards to the small business clients of law firms and accountants.
- Tom Richardson
All Tech index adds $33b in value in three months
Eight new companies are set to join the All Tech index as part of its second rebalance, including Whispir, Sezzle and Splitit.
- Yolanda Redrup
ASX in $58b sell-off; Tech stocks dive 5pc; Westpac lifts GDP forecast
The S&P/ASX200 Index fell 3.1 per cent on Friday, its biggest decline since May, as BHP, CSL and Woolworths fell more than 3 per cent. The slump was triggered by a sell-off on Wall Street. The index fell 2.4 per cent over the week. The S&P/ASX All Technology Index plunged 5.2 per cent.
- Robert Guy, Vesna Poljak, Sarah Turner and Luke Housego
August 2020
Sezzle, Openpay and Splitit's numbers surge in pay-later blitz
Three more buy now, pay later providers – Sezzle, Openpay and Splitit – reported on Monday in the shadows of Afterpay and Zip, and show the ASX-listed sector is going global.
- James Eyers
Splitit raises $100 million to tap US, UK boom
Buy now, pay later company Splitit's shares have surged again, rising almost 9 per cent after announcing a major capital raise on Wednesday.
- Yolanda Redrup
Terms blasted for $100m Splitit raising
Raising terms have landed for listed instalments payments business Splitit Payments' $100 million cash call.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Splitit prepares $100m deal backed by mystery US fund manager
Instalment payments outfit Splitit Payments is rolling out the welcome mat for a mystery US fund and early Afterpay investor.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Is it too late to buy Afterpay and other buy now, pay later stocks?
Some investors say Afterpay's growth trajectory justifies the sky-high valuation, yet risks are rising.
- James Eyers
July 2020
- Exclusive
- Coronavirus pandemic
Rocketing buy now, pay later stocks accepted US PPP loans
America's small business lifeline targeted at rescuing Main Street enterprises was also tapped by the ASX's market darlings, US Treasury data reveal.
- Vesna Poljak
Afterpay rival Splitit soars again on Q2 results
Since mid-June, Splitit shares have climbed more than 130 per cent as demand for instalment-payment solutions surged following the onset of the pandemic.
- Yolanda Redrup
- Exclusive
- Fintech
Afterpay-led buy now, pay later sector booms as more money pours in
Privately owned start-ups making a play for the booming market, led by Afterpay, are attracting bigger funding cheques as Payright banks $12 million.
- Yolanda Redrup
June 2020
- Opinion
- Chanticleer
The buy now, pay later stock that didn’t soar
As Afterpay, Zip, Sezzle and Splitit have soared, one buy now, pay later group – the oldest in the sector – has been left behind.
- James Thomson
Splitit, Sezzle, Zip catch fire in US deal frenzy
The major US credit card companies are rapidly embracing the buy now, pay later sector through deals with smaller players. Can it last?
- Tom Richardson
ASX gains 1.6pc over week; tech stocks surge 6.7pc
The Australian sharemarket advanced 1.6 per cent over the week after the S&P/ASX200 Index added 0.1 per cent on Friday. Tech stocks were the big winners of the week as Afterpay, Appen and Xero pushed to fresh highs.
- Robert Guy, Sarah Turner, Luke Housego and Tom Richardson
Afterpay rival Splitit surges 125pc on Mastercard deal
Shares in ASX-listed buy now, pay later fintech Splitit have soared more than 100 per cent after it announced a deal with Mastercard, to help global expansion.
- Paul Smith