Quadpay, A Zip Co.: Zip Expands into Europe and the Middle East, with the Acquisitions of European BNPL Provider Twisto and UAE-based Spotii
Zip Co Limited (ASX: Z1P) ("
Zip" or the "
has agreed to acquire the remaining shares of European "Buy Now Pay Later" ("
BNPL") provider Twisto Payments a.s. ("
Twisto") and has also entered into an agreement to acquire the remaining shares
of UAE-based BNPL leader Spotii Holdings Ltd ("
Spotii
The transactions align with Zip's global expansion plans and the rapidly accelerating global BNPL opportunity. As demonstrated through the acquisition of QuadPay, where annual transactions have soared by over 200% post acquisition, Zip is building its playbook in successfully identifying, completing, and integrating strategic acquisitions. Twisto and Spotii are now well-positioned to leverage the benefits of this competency and the synergies of a truly global payments organisation. Twisto and Spotii are integrated into Zip's global Single Merchant Interface (SMI), which provides merchants instant access to 11 countries across five continents.