Payments group Splitit joins the raisers
It’s Splitit Payments’ turn to cash in on investor interest in listed payments groups.
The company and its broker Canaccord Genuity were shoring up investor support for an equity raising on Monday morning.
Fund managers said they expected a raising worth about $50 million, although were still waiting to see firm details.
Splitit shares last traded at $1.36, having started the year at 67¢.
The stock has had a big run in the past six weeks, at the same time as other ASX-listed payments groups including Afterpay, Zip and Sezzle.
To read more, please click on the link below…
