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Afterpay rival Splitit soars again on Q2 results

Yolanda Redrup
Yolanda RedrupRich List Editor

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Shares in buy now, pay later fintech Splitit have surged again after the company reported it had more than tripled its merchant sales volumes in the second quarter.

In the three months to June 30, Splitit merchant sales volumes soared to $US65.4 million ($94.2 million), up 260 per cent on the second quarter of 2019.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/afterpay-rival-splitit-soars-again-on-q2-results-20200708-p55a3y