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.

 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.