Articles On Splitit (ASX:SPT)

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

For another consecutive week, Buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) was the most traded share on the ASX last week, with a fairly even split between buyer and seller volume according to CommSec. The broader BNPL sector definitely s...

ASX-listed buy now, pay later (BNPL) shares have opened lower across the board on Thursday. Whilst the S&P/ASX All Technology Index (ASX: XTX) is slumping 1.16% lower at the time of writing, some ASX BNPL shares are faring considerably...

Medtech company Oneview Health (ASX:ONE) led 25 stocks that chalked up a 14-day RSI above 70 this week, up slightly from 22 in the week prior. Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical...

The Afterpay Ltd (ASX: APT) share price is down another 3%. Is it now a bargain? The Afterpay share price is suffering It has been a difficult few weeks if you own Afterpay shares, it has suffered a drop of almost 30% in just one month to u...

ShareCafeAustralia…One Hour In…ASX200 down 69 points ASX200 down 69 points (1%) to 6676.   Afterpay (-2.8%) / Splitit (-3.2%) / Zip Co (-3.3%); press speculation  that the “RBA will move on the BNPL later sector to force industry players t...

The S&P/ASX 200 Index (ASX: XJO) is on course to record another disappointing decline on Thursday. In afternoon trade, the benchmark index is down 0.6% to 6,753.8 points. Four ASX shares that are falling more than most today are listed...

ShareCafeAustralia…One Hour In…ASX200 1 point to 6796 ASX200 up 1 point to 6796.   It’s a little quiet………   Link (+4.4%); amid reports of an interest in PEXA. Monadelphous (-0.1%); secures a long term crane services contract with Fortescue...

The Splitit Ltd (ASX: SPT) share price is under pressure on Thursday following the release of an announcement. At the time of writing, the buy now pay later provider’s shares are down 1% to 97.5 cents. This means the Spiltit share price is...

Source: Blue Planet Studio, Shutterstock Summary The Buy-Now-Pay-Later firms have seen significant public acceptance over the last one year due to the easy credit provided by them at no interest. The pandemic accelerated gains for the B...

The S&P/ASX 200 Index (ASX: XJO) was essentially flat today, it fell a tiny bit to 6,714 points. One of the main pieces of news today was the government’s announced a plan to continue to help the airline sector, whilst also indirectly...

Zip Co Ltd (ASX: Z1P) shares might have shocked investors this morning after falling by as much as ~7% to a one-month low of $7.79. The Zip share price has since staged a significant intraday recovery to be down just 1.78% at the time of w...

The Afterpay Ltd (ASX: APT) share price had a fantastic day today. Afterpay shares closed the day up by 7.53% at $115.26. However, if you pull back just a little bit, the picture is not nearly as rosy. Afterpay shares are still down around...

Global online payment giant PayPal is joining the Australian buy now pay later (BNPL) market, going up against local rival Afterpay (ASX: APT) with the launch of its ‘Pay in 4’ credit platform. In an announcement on Wednesday, the Nasdaq-li...

It certainly has not been a good month to own ASX tech shares. As we reported this morning, the S&P/ASX All Technology Index (ASX: XTX) is way past being in a technical ‘correction’ (a drop of 10% from the most recent high). In fact, i...

The Splitit Ltd (ASX: SPT) share price has dropped 3.85% at the time of writing and is currently trading at $1.00 a share. The Splitit five-day average volume of 2.5 million has been exceeded three out of the past five days. Today’s trade...

It was a painful day for the S&P/ASX 200 Index (ASX: XJO) as it fell around 2.4% to 6,673 points. Reporting season has now finished for another six months, though there will be a few more over the next few weeks with businesses that do...

Source: TippaPatt,Shutterstock Summary BNPL stocks closed the week on a weaker note as investors were inclined to dump loss-making high growth companies. Now, most of the BNPL players have reported results, including Afterpay and Zip...

The Splitit Ltd (ASX: SPT) share price is down after reporting a high level of growth in its FY20 result. Splitit is a small, but fast-growing, buy now pay later business on the ASX. It’s headquartered in New York. What did Splitit report i...

Despite nearly doubling this year, Zip Co Ltd (ASX: Z1P) shares have taken a beating in the last two weeks. As the trading week draws to an end, the Zip share price is sitting on falls of more than 26% since the market’s close on Tuesday l...

ShareCafeAustralia…One Hour In…ASX200 down 158 points ASX200 down 158 points (2.3%) to 6675   AMP (+5.7%); has inked a $1.35bn deal with US asset manager Ares Management to sell off 60% of AMP Capital’s unlisted markets businesses,. Afterp...

Like most tech shares today, the Splitit Ltd (ASX: SPT) share price is sinking deep into the red this morning. At the time of writing, the buy now pay later provider’s shares are down 4% to $1.14. Why is the Splitit share price sinking? A...

What does the future hold for ASX BNPL companies – more of the same or something different? The BNPL sector keeps rising to new heights in user growth and transaction values. Any regulation that threatens to make them harder to use has not...

Source: Johnstocker Production, Shutterstock Summary BNPL players have had a phenomenal year due to increased popularity of their easy-to-access lending services. Leading BNPL players Afterpay and Zip Co saw strong financial performan...

The IOUpay Ltd (ASX: IOU) share price is pushing higher this afternoon, breaking a 4-day streak of losses. The Malaysia-based buy now pay later (BNPL) provider’s shares were up 29% today on abnormally high volume. At the time of writing IO...

The BNPL hype-train has been in full swing to start the year, with some more red-hot price action in recent weeks. The brakes were applied (somewhat) yesterday, with some sharp falls across the sector. But February has also given rise to so...

The share prices of Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) are down 8% and 7% respectively. Is it time to panic? What’s happening? It’s a sea of red in the buy now, pay later (BNPL) sector right now. Not only are Afterpay and Zip...

The QuickFee Ltd (ASX: QFE) share price tumbled today after ASX fintech posted results for the half-year (HY21). Why isn’t Mr Market showing much love for QuickFee? QuickFee generates revenue from its QuickFee payment platform and lending s...

The QuickFee Ltd (ASX: QFE) share price is taking a ride downwards today following the release of first-half results. Despite the growth in buy now, pay later (BNPL) revenues, shareholders appear to be making a quick dash for the door. Aft...

Today the ASX 200 (ASX: XJO) was weighed down by a big sell-off of Zip Co Ltd (ASX: Z1P) shares and Evolution Ltd (ASX: EVN) shares, which sank 14% and 10%, respectively. Z1P shares were particularly hard hit, despite 69,764 trades taking p...

Next week marks one year since the S&P/ASX All Technology Index (ASX: XTX) debuted. Launched at the end of February 2020, the All Technology Index debuted just in time for the March market meltdown. The index saw its value tumble 42%...

The Zip Co Ltd (ASX: Z1P) share price is down almost 12% right now. However, it is still up substantially over the last month. What’s going on? The entire buy now, pay later industry is suffering at the moment. Zip shares are at the bottom...

Over the last few weeks the buy now pay later (BNPL) industry has been an incredible place to be invested. During this time a number of BNPL shares have recorded mouth-watering gains for their shareholders. How are the BNPL shares performi...

It was around a year ago when the the global share market started going crazy in response to COVID-19. There have been some strong performances from a few ASX shares since then. The below ASX shares have more than doubled over the last 12 m...

Summary Splitit Payments Non-Executive Director Dawn Robertson is set to replace the ongoing chairman. The global payment solutions provider is also appointing two non-executive external directors. Piedmont Lithium has appointed leadi...

The Splitit Ltd (ASX: SPT) share price is roaring back to life in late afternoon trade. This comes after the company announced a raft of changes to its leadership team. Earlier in the day, shares in the buy now, pay later (BNPL) company we...

ShareCafeAustralia…One Hour In…ASX up 33 points ASX200 up 33 points (0.5%) to 6873.   Afterpay (+1.8%); the number of first-time Afterpay app downloads in the US more than doubled in January compared with a year earlier. ANZ (+0.2%);  is a...

The S&P/ASX 200 Index (ASX: XJO) went up by 1.1% today to 6,841 points. Here are some of the highlights from the ASX: REA Group Limited (ASX: REA) The real estate business announced its FY21 half-year result today for the period to 3...

Summary Splitit Payments has secured a receivables funding facility to support its expansion plans.  The funding is expected to increase gross margins and support the merchant sales volume growth strategy. Global payment solutions...

Summary ASX shares were higher at noon, driven by a broad-based rally across sectors. Earnings season is also picking up as companies are confronting investors with financial results. New forecast from the Reserve Bank suggests that un...

05 Feb 2021 - Splitit Payments has signed a $US150 million receivables funding facility with Goldman Sachs.

Splitit Ltd (ASX: SPT) shares are seesawing this morning following the company’s announcement of an approved receivables funding facility. Following the release, the Splitit share price leapt 4.2% to an intraday high of $1.50.  At the time...

ShareCafeAustralia…One Hour In…ASX up 70 points ASX200 up 70 points (1%) to 6835   RBA Governor Philip Lowe is talking.   Some headlines of what he has said so far; Interest rates will remain low for some time yet. A fair way to go in the...

The Splitit Ltd (ASX: SPT) share price is rising after the buy now, pay later announced its latest growth initiative. What did Splitit announce? Splitit said that it has signed a three-year US$150 million receivables warehouse facility with...

Summary The Australian benchmark equity index started the last day of the week up 14 points or 0.21 per cent at 6779.50.  In the opening trade, the top-performing stocks were CSR Ltd (up 3.39 per cent) and ARB Corporation Ltd (up 2.24...

The New Criterion's Tim Boreham discusses whether it's not too late to jump on the BNPL gravy train Should investors succumb to the BNPL FOMO? By Tim Boreham, Editor, The New Criterion As with the coronavirus, the buy now pay later (BNPL) s...

As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, fear of missing out (FOMO) is ri...

Summary Despite facing challenges concerning the regulatory authorities, BNPL sector remains popular among the market participants. Payment solution provider Openpay reported 213% growth in its Active plans and 123% in active customers...

Summary Bubs Australia recorded a 36% hike in its gross revenue during the quarter ending 31 December compared to the previous quarter, reaching a value of $12.8 million. Bubs’ foray into international markets as well as global recogni...

Splitit Ltd (ASX: SPT) shares have been performing well of late, having gained nearly 17% over the last month. Today, however, the Splitit share price is falling. This comes after the buy now, pay later (BNPL) company released its FY20 fou...