Spotlight and Anaconda brands join ZipMoney

Company News

by Jessica Amir

The owner of Spotlight and Anaconda, Spotlight Retail Group (SRG) (ASX:SRG) has joined the Buy now pay later platform operated by ZipMoney(ASX:ZML).

SRG operates 100 Spotlight decorative superstores in Australia and 50 outdoor and adventure, Anaconda stores.

SRG says joining Zip gives its customers flexibility, convenience, and affordability with its interest free programs and that will reinforce its market leading position.

Shares in Spotlight Retail Group (ASX:SRG) are trading 0.6 per cent lower to $1.67.

Shares in ZipMoney(ASX:ZML) are trading 2.26 per cent higher to $0.68.

 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.