Australian BNPL firm Zip receives strategic investment in TendoPay, a pay over time Fintech in the Philippines
Australia-based Buy Now, Pay Later (BNPL) Fintech firm Zip Co has reportedly decided to expand its global operations. Zip has received a strategic investment in TendoPay, a BNPL service provider operating in the Philippines.
This latest investment marks Zip’s initial steps into Southeast Asia, which will also be serving as a gateway for the BNPL firm’s business expansion into the region.
Recently, Zip launched central operations and commercial teams in Singapore, in order to support its expansion efforts in Southeast Asia.
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