After soaring in the pandemic-led tech boom, many of the tiny fintech stocks in this space have capitulated. A reflection of the competitive and challenging market it’s now become.
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Humm Group [ASX:HUM] share price is up over 20% as the buy now, pay later (BNPL) stock flags potential takeover bids.
According to The Guardian’s report, shares in ASX BNPL stocks fell by an average of 80% compared to their peak prices in the last 12 months.
Zip says acquiring Twisto is an entry point to one of the world’s largest eCommerce markets, with access to all 27 member states of the European Union (EU). Zip Co [ASX:Z1P] share price is currently up 4%:
Despite the solid growth, the market was somewhat indifferent. Humm Group [ASX:HUM] share price is currently trading at 91 cents per share, up slightly by 0.6%.
The Laybuy Holdings [ASX:LBY] share price shot up this morning by nearly 5%. It is currently trading hands at 59 cents per share.
Despite a ‘record high quarter’ for sales volume, the Splitit Ltd [ASX:SPT] share price hit a 52-week low in morning trade.