The chief executive of buy now, pay later company Splitit says the company's $100 million capital raising will support a major marketing push in the US and UK, as it sets out to take a larger chunk of the rapidly growing segment.
Splitit boss Brad Paterson said the funds will be invested in its global expansion focused on the US and the UK.
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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
