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 is a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.