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Afterpay rival Splitit surges 125pc on Mastercard deal

Paul Smith
Paul SmithTechnology editor

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Shares in ASX-listed buy now, pay later fintech Splitit have surged after it announced a partnership with global payments giant Mastercard, in a deal it said would let more retailers offer its services around the world.

"This is a fantastic way to broaden the distribution of our solution,” Splitit chief executive Brad Paterson said in a statement. 

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/afterpay-rival-splitit-surges-50pc-on-mastercard-deal-20200618-p553xj